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Debate House Prices


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Put your MSE ID where your mouth is (part 1)

2

Comments

  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    edited 24 June 2011 at 10:23PM
    - 0.51 to 1%
    Under 5659. These numbers are well known from the mutliple times the FTSE has passed through. It's an embarrassment that I know the relevant numbers around the current number are 5660 (low) and 5720 (high) - and above those we have 5760 then 5880, then 5980, then (probably) [STRIKE]6060[/STRIKE]* - and '6137' is one which sticks in the mind - like birthdays - but I do through the sheer repetition.

    Someone ought to do a frequency distribution for all these approximate levels (they probably have) and post it.

    *nah, I'm changing those to '6020' and '6080' - that looks more in scale.
    .....under construction.... COVID is a [discontinued] scam
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    + 0.51 to 1%
    I would try to give a rational reason for selecting the option I did. But there isn't one. Just a random hunch, with no real thought behind it at all.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 24 June 2011 at 10:42PM
    + 1.01 to 2%
    and 5720 (high)

    Thats the one I was looking at. Somewhere round there, 2% up would seem so unlikely but this is why its not wise to walk in front of a swing
    but I do through the sheer repetition.

    Someone ought to do a frequency distribution for all these approximate levels (they probably have) and post it.
    It does move in patterns but very erratically
    5660 (low
    5650 I have that and 5810 is the 2% unlikely scenario


    My main like about markets is they totally ironic. Factoid: Euro stocks are down for the 8th week in a row which has not happened since 1998

    Irony would have us making that 2% up figure, it shouldnt happen but just because everyone expects it not to increases chances that it might!
  • macaque_2
    macaque_2 Posts: 2,439 Forumite
    FTSE 100 is at 5697.72 at close of play today.

    So what is it going to be close of play Monday?

    Its a guess. Have a go. I have.

    Edit: thanks for the negative comments guys (or guy). Its a game. Let us see who the best market predictor is. Its not a serious life changing experience. Just fun.

    Article 35C in the 70% club rules state

    Members of the 70% club are not permitted to speculate on future events other than where such predictions are beyond on all reasonable doubt.

    For this reason, I have had to pass on this vote. My apologies.
  • Black Monday. Down 5%.

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • - 2.01 upwards
    macaque wrote: »
    Article 35C in the 70% club rules state


    For this reason, I have had to pass on this vote. My apologies.

    Members of the 70% club are not permitted to speculate on future events other than where such predictions are beyond on all reasonable doubt.

    Reasonable doubt is a calculated opinion.


    If you are in the market you can calculate reason.

    ;)
    Not Again
  • - 2.01 upwards
    Black Monday. Down 5%.

    GG


    Its not looking good for next week. I will give you that. I figure most of the bigger players will stand their ground though.
    Not Again
  • Sublime_2
    Sublime_2 Posts: 15,741 Forumite
    + 0.51 to 1%
    Too relaxed at the mo. Made a wild guess. :D
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    - 0.51 to 1%
    5641 but could easily be thrown by yet another "headline for idiots/wall street pooters"

    Anyhoo, while we're here - any views on the oil price, is it really down to the emergency release of less than a days supply (which will have to be bought back at some point), or is SHIBOR not just blipping (twitchyness in China-land)?
  • - 2.01 upwards
    Right little Michael Douglas, ain't you? :D


    Nope.

    But I realise there are different groups of people that buy & sell. I can see it in numbers you?

    Its a game. I have you all.
    Not Again
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