Limpsfield's Weekly Chart View

As expected, the strength in the UK continued last week with the FTSE breaking through the psychological 5000 barrier. The US markets were also strong, continuing the recovery from the previous week and clawing back the losses made at the start of the year. There is nothing at the moment to suggest the UK & US strength is going to seriously falter.FTSE 100Intraday FTSE Last weeks target for the FTSE was 5000 and Wednesday saw the index move above this level- the highest point seen since June 2002. The obvious next target is 5100 which is less than 60 points away. Support was seen on Wednesday and Thursday around 4975 so that is the first level to watch if we see any weakness. Dips remain buying opportunities with only a break below the lows for the year around 4765 signalling the trend since last August is in trouble. This is a market that remains strong with no signs of weakness for now and the recovery is expected to continue. Dow Jones Intraday Dow Last week saw the US continue its recovery since the sharp sell off in the first few weeks of the year. The next target for these markets is a run back to the highs from the end of last year in the 10,850/900 area on the Dow with a break through here setting up 11,000. Any weakness is expected to be short-lived - the big short-term support comes in at 10,660, seen last Wednesday. Have a good week!Limpsfield Limpsfield is David Jones, the widely acclaimed charting expert at Shares Magazine who also hosts regular Charting courses for Global Markets Training (www.glomtc.com)

Evening all

Thanks Greystone & Limpsfield.

Is there a company out there that does small/medium sized business communications solutions? BT seems to be only intested in suppling lines and large business, and so does everyone else. The small/medium sized IT solution companies only seem to do IT not telephone communications - even though they now use the same technology!

Perhaps this is a gap in the market!

easynet/////

Morning all.

Morning all.

Thanks bristlelad

Checked out the easynet site - not much info available - its geared towards contacting a salesman.

Morning all.

Eh gads! I've seen more excitment watching paint dry then
the market movement today - where is everyone, off for the
half term holiday? Volumes on my screen are L-o-w, movement
is s-l-o-w...................snore...............zzzzzzzzz

No low volumes on RTR SB, 23 million (normally 14 Mill).

Results out Wed.