FT moving up or what??

[SKALA]

what is the play?

[#2]

Skala this is really important...we are getting a retaracemnt of the decline on the FTSE at the moment about 50% we need to see us move through that 61.8% for us to go higher....i have the feeling we are going to fall back

[SKALA]

seems retrace stopping at about 38

[#4]

yes 5924 is the level we are looking for then we are in business....

[SKALA]

over 38; I am wrong.

[#6]

yip there we go....so we move higher...

[#7]

shouldnt we wait till it goes through 61.8 ?

[#8]

it has my friend....

[platsak]

What do you guys think about staying long over the weekend.

[#10]

Refer to Chartist's earlier post about naughty things. I have tried this a few times and the strategy has failed me on most occasions. I would advise against it given the nature of the markets at the moment.

[#11]

there we go....