Well I suppose the answer to that is that we all do, cars for example.  But treasury notes!  A Bloomberg article  on Thursday says it all. Saying how there was a strong demand for the sale last week. The 7 year notes yeilded 3.53%. But then the last paragraph of the article says “Treasuries are [...]

Now that the June expiry is out of the way we can speculate on what next.  As I mentioned last weekend 4500 has developed into a very strong resistance level.  This can be seen clearly on the chart.  In this last week the September futures (now the current series) dropped 85.5 points on the FTSE, 25 [...]

In my last post during the weekend I mentioned that the next leg down could not be too far away.  Monday started off with a significant drop an all markets.  The question then was, would there be any follow through as past attempts to correct have been short lived?  The US market has now dropped three [...]

It has been a week of ups and downs with the net result of half a point gain for the FTSE.   The UK papers are starting to talk about the end of the recession.   Starting from the seventh of may there have been five occasions where 4500 has been broken (or within 5 points), but each time [...]

This week and the next are some what busy.  Normally I have the weekend, or at least one day over the weekend to catch up on my reading and write a blog.  This weekend I have been working both Saturday and Sunday at the “day job”. However others have picked up on Bernake’s comments about [...]

I just have time for a short blog before the second part of my shift.  Yesterday the FTSE fell by some 90 odd points.  About time too I say.  Interestingly for the first time in a long time the futures are at a small (2 points) premium over the cash – its been negative for [...]

This last week I have been traveling so missed most of the blow by blow action.  However the comments by the analysts I read plus other articles leave plenty to comment on. The FTSE had a bank holiday on Monday so I didn’t miss anything there.  For the rest of the week it managed to [...]