Spread Betting and Emotions
It’s not just thinking it’s actually emotions as well, but I think is a pretty good statement for Financial Spread betting. He gets credit for making. This is a chart of FTSE with this big triangle since the peak, just on U.S. news 1999, so that’s 11 years now and that’s the wave A and B and C and D so I got that wrong haven’t I? We’ve got one last rally coming up here, the first move down is actually wave one, and then we got one, two, three, four, five and this move does look like an A, B, C at the moment. I got an A and a B and then possibly a C on this 60 level.
Which could then see a major fall in Financial Spread betting with I think a peak this year, I’m looking for it to peak this year and followed by more serious action in 2012 when there should be much bigger profits available.