By Thierry Laduguie | Thursday 26 February 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A few days ago the FTSE 100 crossed above the previous high of 6950.6 set in December 1999 at the height of the dotcom bubble. The euphoria was short lived, today the index is back below that level, there is strong resistance near 6950. It's been a real struggle for the UK index to register a new closing high, the S&P 500 made a new all-time high back in 2013, the FTSE 100 is lagging badly.
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