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the end is a bit nigher

Ftse Peak?

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Almost impossible to predict a peak, but I would say the market is due a pull back sooner rather than later, probably to around 4,200 - 4,400. It's very overbought. It needs to stay above July's low of ~4,100 to confirm the a long-term uptrend.

Edited by Van

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Almost impossible to predict a peak, but I would say the market is due a pull back sooner rather than later, probably to around 4,200 - 4,400. It's very overbought. It needs to stay above July's low of ~4,100 to confirm the a long-term uptrend.

Good luck with that.

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Almost impossible to predict a peak, but I would say the market is due a pull back sooner rather than later, probably to around 4,200 - 4,400. It's very overbought. It needs to stay above July's low of ~4,100 to confirm the a long-term uptrend.

I bought into five stocks over June and July. Everything reached target in just a couple off months and I've sold out.

It will take a big spike down to tempt me back in. But in case it does I've got a couple of accounts loaded ready.

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I checked just yesterday, as I do occassionally, that the P/E of both the FTSE 100 and FTSE 250 have jumped 50 or so percent. Last time I looked, before the recent surge of the last 2 months, it was just reaching 10-ish. Now I note it is at almost 15.5.

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The last boat is leaving, we'll be priced out of the FTSE forever! We'll be stockless rent forvever losers!

Harrumph. I've seen hundreds if not thousands of gnomish posts like this on HPC over the years.

It's just tapping out words for no purpose, why bother?

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There's no reason why the FTSE can't hit 6500, fear is driving this market, not greed.

Fear of QE, fear of inflation.

And as it's fear, there's no reason why stocks can't keep motoring up.

Irrational exuberance? Can't feel it yet, until the shoe shiners say so.

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