Yesterday, there was an attempted bounce. However, it didn't take very long for FTSE give up all its gains and in fact, turn negative. The downward pressure is still high and I am fairly convinced we are going to see FTSE visit the 360 degree line at 3850. Hopefully it won't hit that target in a single day!
Thursday, January 22, 2009
FTSE Outlook for 23rd Jan 2009
Yesterday, there was an attempted bounce. However, it didn't take very long for FTSE give up all its gains and in fact, turn negative. The downward pressure is still high and I am fairly convinced we are going to see FTSE visit the 360 degree line at 3850. Hopefully it won't hit that target in a single day!
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