Friday 24 December 2010

FTSE closes at 6008.92 but....

Well the FTSE closed at 6008.92 but taking a look at the chart it looks more of a technical / sympathetic reason rather than any shift in fundamentals or investor optimism. As you can see there was a steady deterioration in the index until minutes or seconds before the close at which point 2 spikes took the index above the 6000 mark so possibly some tidying up of trades before the close.


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