FTSE100

[Jeff Maginty]

..

[craig1]

FTSE loses 1% = THE WORLD IS GOING TO END!!!!
FTSE gains 1% = footnote paragraph on the business pages

It's not unknown for turbulent weeks where one day the market goes up 1-2% with no comments then reverts back to the previous day's figure the next day with bold newspaper doom-merchant stories.

You'd not know it but there have been a lot of stubborn individual small investors who refused to sell out at the bottom who have seen their shares rise quite impressively over the last few months.

[fullyautomatix]

Why is the FTSE100 relatively high at the moment?

I would have expected it to be somewhere between 4000 and 5000, considering how f**ked the economy (UK, Europe, World) is at the moment.

And who are you to decide what the level is based on world economy ? Gordon Brown's PA ?

[xoggoth]

Don't understand the economy but maybe its because other investments (except gold) look even worse?

[AtW]

FTSE100 has got a fair few firms that do very well out of commodities plus rampart money printing that is going on now increases paper profits but steals wealth.

Next stop: FTSE100 at 50,000 and loaf of bread for a £100,000.00 banknote with Merv's own picture on it.