FTSE - So where is the support

ok yah, because I don't believe that the economy is strong apart from superficially so, record levels of debt, retail is going to be a shocker this xmas and I don't think this discount has been built in yet. Markets stink of complacency so thinking we will see a correction and a defensive move away from equities early 2007.

China and India are under increasing pressure to reduce margins and increase wages to retain staff (China) and India to (after years of broken promises) actually deliver which is already leading to resourcing of goods within eastern europe meaning a bouyant economy for them on the back of foreign capital flooding in vs higher UK debt & rising consumer prices !?!? I still don't understand what the UK actually makes, anyone?

this UK/US persistant bull run smacks of smoke and mirrors based on overgeared positions to me (compare the amount of money on the table today with 6 years ago) but hey, whichever way it trends I'll continue nibbling on a day by day basis adding where applicable - my (numerous) losses are negliable hence why I'm still around after 4 years. I have no ego to bruise when I'm wrong.