How Far Will the FTSE Fall? MoneySavingExperts Survey Results.

ftsesurvey

The survey was put when the FTSE was around 3,800 and it was not clear where the next move would be. I agree a survey itself would be unlikely to influence the FTSE, although it is interesting to see the direction the FTSE is now taking. We'll only know when the low point is reached well after it has passed and recovery is on the way, but at this moment in time the 3,300 figure arrived at in the survey appears quite possible given time.

Lol_UK_2

Looking at what has happened already this week (3625- 2nd march) I think I would downgrade my estimate of 2800!...I suspect 2500 or below...

ftsesurvey

...and still it falls. Anyone else want to revise their estimates!?

inconnu

Nope. Sticking to my figure of 1,390.1! Not this year though, perhaps in around two years time. It'll be a long and drawn-out affair - "death by a thousand cuts" so the adage goes.

sabretoothtigger

turbobob

Yes it looks pretty grim!!

1984ReturnsForReal_2

Put me in at below 3000 by the end of April..

M271

I think that the FTSE will fall another 10 - 15% to around 3100 due to the so called 'professional' traders/institutions panicking at any bad news, which is normally expected anyway.
For 'amateur' longterm investors (not speculators) this is a good time to buy into the markets through investment funds (to spread risk), sure the markets may fall further and may not be the absolute optimum time to buy but over the longer term it is still I feel a good time.

Lol_UK_2

M271 wrote: »

I think that the FTSE will fall another 10 - 15% to around 3100 due to the so called 'professional' traders/institutions panicking at any bad news, which is normally expected anyway.
For 'amateur' longterm investors (not speculators) this is a good time to buy into the markets through investment funds (to spread risk), sure the markets may fall further and may not be the absolute optimum time to buy but over the longer term it is still I feel a good time.

So why not wait until it hits 3100. Why would I want to lose money right now?!!!
(Frankly I think it'll go to 2500 or below...)

M271

Lol_UK wrote: »

So why not wait until it hits 3100. Why would I want to lose money right now?!!!
(Frankly I think it'll go to 2500 or below...)

I agree that my post might seem to be contradictory however it is difficult to predict the bottom of the market, yes it may go down to 3100 but it may also bounce soon. The markets have dropped again by 15% in the last couple of weeks with news being released the extent of which was really already known or expected, it should have already been factored into the market but there is a lot of twitcheyness and defensiveness at the moment. I'm a long term investor rather than a speculator so if I go in too soon and lose some initially then well its not great but there's still a lot of gains to be made in the longer term.