FTSE INDEX: WE DON'T KNOW WHERE THE BOTTOM IS

We don't know why the FTSE (blue graph) is falling, except its sympathy with American indexes. The neighbouring island's index (represented here by the blue graph, an ETF of Irish shares) steams ahead, indicative of the export-led economic growth. The dragon (double curve) has a long tail: we don't know where the bottom is: probably soon, but not exactly yet.