FTSE in freefall? 4/9 it dips below 4000 this year

The FTSE 100 looks set to plummet this year according to Ladbrokes.

The bookies make the index just 4/9 to fall below 4000 this year, and those who think it may get worse can take 4/1 it slips below 3000 in the same period.

Punters can also speculate on it’s finishing position at year end and the even money favourite is 4500 or lower. It’s 5/2 it sits between 4500 and 6000 and 6/4 it rallys tabove 6000.

Alex Donohue of Ladbrokes said: “It’s looking bleak for the FTSE. The odds say it’ll get worse before it gets better.”

Ladbrokes latest betting

FTSE 100 specials
To fall below 4000 this year 4/9
To fall below 3000 this year – 4/1

Finsihing position 2011
6000 or higher – 6/4
4500-6000 – 5/2
4500 or lower – Evens