"I can not see any rally in the start of the New Year while the threat of war overshadows the market. Adding to this pessimism in the UK is the news that petrol may rise over 80p a litre further slowing down any hope of short term economic recovery. Now the last time we had 4 years of declines was in 1929 to 1932 starting with the two-day stock market crash in October 1929. Looking at the 2 year chart you can find many trend lines but the highlighted one seems to be the most significant. This looks to give us a trading range of 3700 to 4050 and I feel the resistance line on this range will be very difficult to break through. Hopefully the resolution of the problems on the geopolitical front and the corresponding fall in Oil prices will improve sentiment in the latter part of the year. However personally I would not place any long term investment in the stock market on the hopes of recovery as the danger of a major fall looks to be very high. Short term I will be taking advantage of the proliferation of computerised trading systems to play the Indices. They do so by trading the underlying tracker stocks on the UK and US markets. I have found that trading the FTSE & DOW in the same way can be very lucrative and the best stocks to use here are the financials especially Lloyds & Barclays."
Thus stock quotes
Thus stock charts
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