Wednesday, Sep 30, 2009
Please Quease Me
BBC News: FTSE 100 has record three months
The FTSE 100 index of leading shares has enjoyed the best three months in its entire 25-year history.
The index has gained 21% between July and September.
Its next best performance was in during the dotcom boom in 1999, when it rose 14.9%.
Posted by little professor @ 05:09 PM (765 views) Add Comment
9 Comments
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1. Welshie said...
Yeah, and we all remember what happened to the stock market at the end of 1999....
2. shipbuilder said...
Clearly the start of a sustainable recovery.
3. shipbuilder said...
The FTSE has had the best three months in its history during the worst recession of our lifetimes. It's certainly one to ponder.
4. little professor said...
Strong fundamentals etc etc :D
5. crunchy said...
Excessive exuberance?
Don't be silly!
6. crunchy said...
Even the engineers are starting to set off warning bells.
Warning, warning, we made a mistake.
Well I never!
7. bystander said...
"Its next best performance was in the last three months of 1999, while the market was enjoying the dotcom boom, when it rose 14.9%.'
.............well this rise is obviously based on strong fundamentals, NOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
8. crunchy said...
Time to short gbp/jpy for another big dive me thinks.
9. fubar said...
The more I think about it the louder I hear Patrick Allen's voice saying
"When you hear the air attack warning, you and your family MUST take cover."