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Big gains from mid-caps

The FTSE 250 is well poised to continue its impressive advance to yet new record highs
January 24, 2013

Despite talk of a 'triple-dip' recession in the UK, the FTSE 250 index is scaling new all-time highs, says Warren Firth at www.globalprimepartners.com.au.

My ultimate target for this index of mid-cap, domestically-orientated stocks is 14304. I expect resistance along the way at 13372 and 13731. Traders should stay long, with a near-term trading target 13372.