Friday, January 18, 2008

FTSE up down or sideways

There has been much commentary recently about the FTSE and it's poor start to the year. Some believe ut will go up in the summer as interest rates drop and others talk about it going down when support drops below XXXX points.

Question; So, who is right?
Answer; I don't know.

This blog by the way does not constitute advice in any way shape or form, I will leave that to erm... experts!

As sure as eggs is eggs you can guarantee that some experts will be correct and will bathe in the warm glow of .... I told you so (success) and some experts will go quietly underground for a while or explain that there was a conjunction of the Moon with Mars in the ascendency... and it through out their calculations. D'oh

From previous observations, the market as a whole will fall and rise and generally take stocks with them (much like a boat on water). It's when you start looking at specific sectors or specific stocks that one starts to realise the real truth.... which is what I hear you say?

Some stocks go up and some come down!

Happy investing

Steve

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home