THIS IS A PLAIN STUPID THOUGHT , ABSOLUTELY POSITIVELY STUPID BUT follow the logic for a bit .
The poms only got back to their 2002 highs of 6800 so for 5 or 6 years they have done nuffin .
Our problem is similar to the Dow as we beat the old tops but if we were to match the poms we'd need to see xao at 3440 .
IT AIN'T GUNNA HAPPEN .
But if this is 1987 all over again other markets will recover and we will flounder for years until a percentage or inflation adjusted return became the equivelant with other indices .
Oh dear but just a thought .
Long tomorrow for a v day but picking the low is the key . AS IFFFFF but that's what the pattern says .
ge
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