We have just read an article with this heading. OK the article does include a number of “maybe’s” so it is perhaps written with a tongue in cheek but we feel that it is a dangerous claim to make so publicly as many people will not read the full article and will be thinking that some expert is calling this stage of the FTSE as a huge buying opportunity.
It IS NOT. This week’s rises on the FTSE have been marginal and far from decisive. Indeed, this week could be the very week that shapes the start of an almighty crash in share values. Please do not get carried away and think and act as if the market is going to burst up towards 6000 (as that careless article claims). It might but the risk is that it might not and the FTSE might instead tank down to 5000 and then on down to 4750.
The ShareHunter Review of ‘The FTSE- Where Next?’ will explain and illustrate why and will be available over this weekend. Just ask us for a copy.
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