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Wednesday, August 8, 2012
FTSE Trading Report - 8 August 2012
Yesterday the FTSE closed on its highs for the day which may appear bullish but in actual fact it was all connected to the dividend rally in the last of hour trade which we discussed yesterday morning. It should also be noted that markets tend to top out when they close on their highs (after a large rally) as everyone has become a buyer.
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