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Wednesday, August 17, 2011
Mark Austin FTSE Trading Services - 17 August 2011
Lots of buying into the close last night with the FTSE spiking 40 points in the last 10 minutes and all connected to the dividend. This made for a very profitable binary trade. With the dividend at 9.5 points, the real adjusted close is 5348 so if we open above this level expect a drop to 5348 at least and then a likely drop to 5325 which is where the FTSE was trading at 4.20pm yesterday.
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