Found this on a TA type site;

http://www.chartpatterns.com/2005_market_outlook_indices.pdf

Interesting stuff, especially the target prices. They reckon that we've seen a measured move in the market and we could be on another step up!

It's interesting times for the stock market. The FTSE-250, AIM and Nasdaq have doubled in the last 2 years. There's no doubt they were oversold, as always happens when there's panic selling. How long can it keep going? History shows us that bull markets go on longer than anyone can imagine... until even the doubters gradually begin to believe they will keep going up forever. The question is if we're in a genuine bull market or a rally in a sideways period. TA would seem to suggest the former, buy fundamental analysis would suggest the latter. It's impossible to tell of course, but I think the markets will stay strong for this year at least.

Check this out:

http://www.fool.co.uk/news/comment/2005/c050311b.htm

Hmmm. My gut feeling is that the UK market looks OK, but the US market isn't. A lot of the results posted in the US don't fill me with glee. I guess the real question is what effect will the US have on our stock market if it goes a bit pear shaped?