The FTSE is now the highest since the Lehmans collapse, but it is barely even half way to recovering from the low point in 2009 to the high point in 2007 or 2000.
Will it continue onwards and upwards? Nobody knows, but the FTSE has never reached 7000 points.
Investors with Cambrian Associates’ Wrap system will receive email warnings when the index rises past particular levels, and can act accordingly.