FTSE Down to 4000, how low can it go?

Probably to 3000 if the Dow goes to 7000, then start buying about Jan

2010. All it needs is some confidence.

"FTSE fell 5% due to fears the recession will last into next year" or some such headline on BBC news.

Is the recession really such a surprise since it's been in the news every day for at least two months?

These stock market investors are not only very jumpy but they also have the memory of a goldfish.

Down again today, the market crashed by 75% in 1974 heading for 50% loss, Alastair Darling was'nt exaggerating.