The big advantage of Financial Spread Betting, Contracts For Differences (CFDs) or Option trading is the ability to profit from down moves as well as up. At any ti
me in a financial market you will always get those that believe a share or market is overpriced (the Bears) and those that think a market will go up (The Bulls).
Right now the great minds at Goldman Sachs are forecasting that the US broad index the S&P500 will end 2012 near the 1250 level, that’s a step fall of about 14% from the currently levels. They then see the price rebound and are looking for the S&P500 to make new highs in 2013.
As I stated in my previous update I prefer to “trade with what I see rather than not what I think.” To learn more about how to profit from up and down moves in financial markets, shares, commodities and currencies please go to www.winonmarkets.net