Excerpt from: Stock Indices CFDs and Spread Bets
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| May 21, 2007 | | Stock index futures up in U.S. | U.S. stock indices are looking strong, bucking the old saying "sell in May." Spread bets and CFDs on U.S. stock index futures should consider that stocks are quite strong right now across the pond. MarketWatch offers some information that could help with spread betting and contracts for differences:
S&P 500 futures rose 0.2 of a point at 1,528.10 and Nasdaq 100
futures rose 2.75 points at 1,908.50. Dow industrial futures rose 16
points. ...
Ian Scott, an analyst at Lehman Brothers, told clients there's no reason to "sell in May," as the adage goes.
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