Ftse "teeters On The Edge Of A Bear Market"

[Thucydides]

http://www.telegraph.co.uk/money/main.jhtm.../bcnftse103.xml

[Gel]

I remember several years ago, around 2002 that the FTSE was at 3500, looking at todays number that doesn't seem that far off now.

How low can she go before a new bull market?

I'd say 3000, what do you think?

[Thucydides]

I remember several years ago, around 2002 that the FTSE was at 3500, looking at todays number that doesn't seem that far off now.

How low can she go before a new bull market?

I'd say 3000, what do you think?

"FTSE 100 teeters on the edge of a bear market"

http://www.telegraph.co.uk/money/main.jhtm.../bcnftse103.xml

[Minos]

Does anyone remember what the all time high was for the FTSE100?

[JohnnyB]

It will probably be a bear market before the week is out. Dow Jones is already bear, I think FTSE 250 is as well but haven't checked.

[I Told You So]

Moneyweek said every time the US goes into recession our stock market falls at least 30% from its latest high;

6700

so at least 4700, I' m goner stick my neck out and go for 4468

[BearNecessities]

Does anyone remember what the all time high was for the FTSE100?

6998 - 30/12/1999

Edited July 3, 2008 by BearNecessities

[Minos]

The FTSE100 hit it's all time high on the last trading day of 1999. The index hit 6930. So, given it's not at 5389 that's a 22% drop. I'd call that a bear market. If you also factor in the massive inflation since the beginning of this decade, it's a massacre.

[Minos]

6998 - 30/12/1999

Ta.

[Giordano Bruno]

I think hpc should have an historic (going back as far as possible) graph of FTSE, and maybe Dow as well, on the graphs page. Since we now have the property crash, the effect on shares and the general economy are becoming interesting.

Edited July 3, 2008 by Fly by Night

[29929BlackTuesday]

Moneyweek said every time the US goes into recession our stock market falls at least 30% from its latest high;

6700

so at least 4700, I' m goner stick my neck out and go for 4468

Sold all my shares at 6700. Even advised my brother in law who works for the WOrld Bank to sell his. He did and still to this day thinks I have major insided information - I told him it was from near-obsessive reading of HPC.co.ck and that it made world economics clear but he doesn't believe me.

BTW it wasn't more than about £3000 worth of shares but I still feel a glow..

[29929BlackTuesday]

edit duplicate post

Edited July 3, 2008 by 29929BlackTuesday

[Joey Buttafueco Jr]

The FTSE100 hit it's all time high on the last trading day of 1999. The index hit 6930. So, given it's not at 5389 that's a 22% drop. I'd call that a bear market. If you also factor in the massive inflation since the beginning of this decade, it's a massacre.

I'm not seeing this. I see the FTSE reaching its peak on 15th June last year at 3851. It is now 3226. I assume you are looking at the FTSE total return index?