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The London Stock Exchange FTSE 100 Index closed on Monday 15th September 2008 at 5204.20 (first chart above).
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The forecast then was that it would drop more than 1600 points to a minimum level of 3600. It has now done this (second chart above).
To see the comments and forecast of 17th Sept 2008 for The FTSE 100 Index click on the following link to the appropriate Blog Archive:
To see the comments and forecast of 17th Sept 2008 for The FTSE 100 Index click on the following link to the appropriate Blog Archive:
http://donoghuecomputersystems.blogspot.com/2008/09/ftse-100-global-pain-more-to-come.html
As you can see from the latest chart above, the London FTSE 100 closed yesterday 3rd March 2009 at 3512.09.
Note that the forecast drop from the Head and Shoulders pattern was a minimum target.
James Leo Donoghue
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