We are becoming increasingly concerned that the stock market recovery has run out of steam and a summer (and possibly autumn too) of discontent and disallusionment is ahead.
It is not impossible for the UK and US stock markets to fall back again to the March lows; indeed there are an increasing number of signals that begin to suggest that this is going to happen.
As yet, it is too early to be definitive but the risk has been increasing for the last few weeks and, if there is not a strong rebound in the markets over the coming two weeks, then the risk will become real. And that means, for example that the FTSE 100 could fall by some 600 points, the FTSE 250 by some 1500 points and the S&P 500 by some 200 points. And the real ‘nasty’ would then be that they could tumble even further!
Let’s all hope that this is just a worry on our part and that this is just a summer time non-event. But please be careful and keep most of your investment powder dry – just in case it isn’t!
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'>: Lets hope "A-A" can help 07/12/09 03:02pm
'>: http://alturl.com/ks88 07/12/09 02:39pm
'>: but he was the lead guitar player of the band 07/12/09 02:39pm
we’ve no idea of what you are./: we’ve no idea of what you are./ 07/12/09 02:39pm
'>: or so they say. 07/12/09 01:51pm
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