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2010 FTSE100 March predictions 'wisdom of crowds'
sabretoothtigger
Posts: 10,036 Forumite
Can the massed peons of MSE predict the FTSE any more accurately then the 8% achieved on the last attempt. Please vote on the poll and submit a more personal guess if you like
On March 9th 2009 the FTSE index of 100 top UK listed companies reached a low of 3,461
Today, Jan 1st it is: 5,412
The poll question is where will the index be on March 9th 2010 this year?
Where next ?
March 9th 2009 was the lowest index price since a similar level of March 2003, previous to that this level had not been recorded since August 1995
MSE Poll result will be judged as the recorded low for March 9th as per yahoo data. Poll Entries close 3 weeks from openHeres some more information on the current index companies and also a similar type of competition for correct predictions
http://www.stockchallenge.co.uk/ftse.php
The poll is private, feel free to enter a more accurate answer manually
What will be the lowest FTSE100 level on March 9th 2010 52 votes
Lower then 3000
1%
1 vote
3000-3500
0%
0 votes
3501-4000
3%
2 votes
4001-4500
3%
2 votes
4501-5000
17%
9 votes
5001-5500
23%
12 votes
5501-6000
44%
23 votes
6001-6500
3%
2 votes
6501-7000
1%
1 vote
Higher then 7000
0%
0 votes
0
Comments
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I think once QE stops, we will retest 50000
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sabretoothtigger wrote: »Can the massed peons of MSE predict the FTSE any more accurately then the 8% achieved on the last attempt.
Using the ranges given in the poll you won't be able to calculate a similar % deviation will you? We won't know if we've improved!
0 -
For the last thread there was no poll so I took the average of every answer and one person got within like 50 points. But the average answer was 8% incorrect or 500 points off, I wont average the poll out just the indivual answers.
For the poll I would just take the highest category and say whether that was near enough or not, I maybe should have done smaller ranges but anything could happen so its been left broad0 -
5844
.....(filler)0 -
5392.17
Actually, wait a second...
5392.620 -
Im going to have to take your first answer there, sorry cleaver :laugh:
I think we'll fall back at bit at some point but not sure how much or for how long, so Ive not decided my answer just yet. As the thread starter I'll post at the end of the three weeks anyway so as not to bias anyone with my amazing opinion 0 -
5555
.........0 -
4950 me being bearish for once
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Actually I will just guess now, 4500 because I think thats the lowest we'll go and I dont know if it'll be march or not but that'll do. I would think 4500-5000 to offer a few opportunitys
That was my guess last time also, either I just dont learn or I'll be right sooner or later
http://forums.moneysavingexpert.com/showpost.html?p=25111817&postcount=27 0 -
sabretoothtigger wrote: »Actually I will just guess now, 4500 because I think thats the lowest we'll go and I dont know if it'll be march or not but that'll do. I would think 4500-5000 to offer a few opportunitys
That was my guess last time also, either I just dont learn or I'll be right sooner or laterhttp://forums.moneysavingexpert.com/showpost.html?p=25111817&postcount=27
You used the 50 day MA to justify your prediction last time, that is now well over 5000 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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