Well the anticipated Christmas rally kicked in last week and we have seen a slow drift up on the FTSE towards major resistance at 6780 - 6800. We have the last trading day of the year tomorrow so if we remain at the highs I would expect some profit taking to come in and some book squaring from traders as rallies formed on the back of low volume tend to correct.
When I met Mark I was enormously impressed with his FTSE trading abilities, so much so that I decided to recommend him to my clients. John Piper
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