Whereas the likes of the Dow and the DAX are trading at new all-time highs, France's CAC 40 is languishing some 35 per cent below its 2007 peak, says Ragu Dharmaratnam of Baselica.
I see the French index as a strong 'buy', though. It has broken above a long-term down-trending line, leaving the next targets at 4125 and 6000.
