I'm out of the ftse shorts I was in. There is no point fighting the trend. At the moment it looks like markets just want to stay up. Some people try to hedge by putting on massive shorts but I think that can backfire. Best to just run with the trend and if you miss a few points off the top better that than be in big shorts when the rise keeps on going.
Well, so far the main markets are playing out as they usually do. This week is always a bad one which is usually brilliant as it sets up for the traditional Xmas rally.