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Next stop for the FTSE?

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    #11
    3000, according to the long term, quarterly, charts. That may be in the second half of next year. The same chart shows this downswing started in the third quarter of last year and no one, so-called experts/pundits, politicians and more frighteningly, bankers, didn't see it or made any mention of it.

    This isn't, therefore, a crisis or turmoil, to use the dramatic journalistic expressions. Just part of a cycle, albeit with the added ingredients of a bunch of incompetant bankers and politicians.
    Last edited by larry; 8 October 2008, 10:54.

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      #12
      Following the rate cut we're looking at a rise, and I think it will be a big one (over +5%).
      Won't last though. Doom
      Bored.

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        #13
        1337
        "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

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          #14
          Originally posted by ace00 View Post
          Following the rate cut we're looking at a rise, and I think it will be a big one (over +5%).
          Won't last though. Doom
          Didn't last.

          No that rally was 11:00 to 12:15 today.

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