FTSE above 5000

[Liability]

Depends who wins though - If Labour squeak back in (God knows how, but one can never underestimate the stupidity of many voters) the FTSE will sink like an anvil dropped into the sea over the Challenger Deep.

I can pretty much predict what will happen so here goes

- During the run u p to Xmas there will be

- good news on the economy
- potential leadership challenge to oust and replace Labour
- more good news on economy and reporting figures in early Feb in retail

Now whether or not 1 and 3 are true or massaged is neither here nor there - the key is if they replace Brown with someone else.

However - barring Cameron being exposes as a Hemaphrodite or Lady boy - Tories are in without a doubt.

[Waldorf]

I think the move to above 5000 can be maintained and improved on. The uncertainty has mainly been factored in, yes it is a risk but on balance I think now could be a good time to start building up again.

I cannot see a position where Brown will creep back in, nothing is certain but I believe enough people have had enough of him and his crew.

[Fred Bloggs]

I'd had enough of Bliar and Broon before they even got near No 10 & 11. But it didn't stop millions of folk voting for them on three occaisions. The thing is, unlike in 1997 when voting Labour was something to crow about down the pub, in the two following Labour victories, I never found anyone who admitted voting for them. I always thought that was odd. But with our voting system you can get a big victory in Parliament by having a significant but still a minority of the population voting for you. I think the 2nd and 3rd victories were not won by folk voting Labour more like folk not voting Tory.

[sweetandsour]

Looks like it is holding this morning.

The only way is up! Things can only get better! etc etc

[sweetandsour]

Looks like it is holding this morning.

The only way is up! Things can only get better! etc etc

ERRATUM

Does anyone ever get the feeling that the whole world is out to prove them wrong?


We need another song ... Down down, deeper and down.....

[sasguru]

Put it this way - any significant correction will enhance my bank balance by a goodly sum

[HairyArsedBloke]

Many in the US are still on holiday for the rest of this week.

Next week will have most back at work and then on Friday it's quadruple, (or whatever it is these days) witching.

[JoJoGabor]

Here is an excerpt from my money morning email, quoting some economic researchers:

“We did some digging and found that all the world’s economic rebound in 2009 – that is, 100% and then some – is being accounted for by fiscal stimulus”, says David Rosenberg of Glusken Sheff. And not only is there no sign of organic private sector activity this year, “for 2010 we calculate that 80% of the growth that the consensus is penning in is derived from the public sector”.

Its all an illusion. I am sceptical about the FTSE remaining this high, but I am fighting my instinct to invest now. This is what most people are feeling, once everyone has invested and no more money is coming in to prop it up, it will fall again. Right now we are just clearing up the last few people to keep investing then it will sink. Fast.

[Andy2]

when every man and his dog is expecting it to fall it will do the opposite
I see a short covering rally on horizon,
next stop 5400

[Jeebo72]

Well my 20p RBS shares are doing nicely. As are my 60p Llyods ... all good. Where else do you put your cash right now? ISA? Property? Golds at the top already, so will only go down ... right now there's cheap shares, and the majority are still paying divvys well over ISA / Bond rates, so all good ... even if there's the usual Oct dip, it's not a problem. The only concern is the jobless figures ... and yes they could spell issues... but for me, it's time to use king cash to buy equity!