FTSE Down to 4000, how low can it go?

Nov 19, 2008 2 Replies

First reply

Bartc

"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…

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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.

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