Hear ye CLAIRVOY...and I too wil be looking, of course, for signs of support, but, as in the DOW on Friday, it DID close below 8300 rather than bounce off it. Coupe of closes below that and I can see another 500 to 800 going rapidly. As for the low volumes, last XMAS, they caused a rally, this time a plunge. So no guide there! When market punters return, there could equally be large dive on the FTSE, especially on the back if shit retailer trade. Economically and politically, we're more fckt now than after last Xmas...and we got a plunge then!
PS: just spouting forth my tuppence worth CLAIRVOY...good to stimulate debate.
Where do you see this support. Why? Technical?
I see support for the FTSE around JULY. Until then, I expect falls and sideways movements all the way to 3000.