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rocketeer357

05/29/07 8:59 AM

#73465 RE: Guy #73460

Does anyone play or know of an ETF, index fund or optionable mutual fund which follows the holdings of the SSE 100? I'm looking for a way to short the exchange. Thanks
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lentinman

05/29/07 9:10 AM

#73466 RE: Guy #73460

Guy:

This article (and the chart below it) shows that 12 year resistance was broken overnight.

The chart isn't up to date, but the SSE is over 4,300 now. You can see where it was just one month ago.

Also, there is a gap from 4,190 (Friday's high) to 4,215 (Monday's low). I don't care if it goes to 8,000 first, that gap will be filled - and it will probably go a LOTTTT lower than that!

http://www.marketoracle.co.uk/Article838.html



Len