FTSE level in two months time will be ?

sabretoothtigger

4600

Thats a pain, after the poll closes it cuts off the names of people ? I voted 4600 which I decided before starting the thread

I think Monkey and Rewired may have inadvertently cancelled each other out but all together the average prediction of poll voters was FTSE - 5168
Thats negative but only a drop of 6pts from today so basically market is set to spin its wheels for 2 months


The crowd has been close to correct when I did this previously if I remember right but the contrarian view is apparently 4400 since nobody liked that number

I will count the posted numbers average separately soon

Loughton_Monkey

6000 +

sabretoothtigger wrote: »

.....I think Monkey and Rewired may have inadvertently cancelled each other out .....

A novel idea! He should thank me for that.

My 6000 was an optimistic punt just to be different. Rather perversely I would place on record a more serious guess at 5699 - since that's what it was 25th November last year. I strongly believe the current low value is a result of 'fickle sentiment' rather than anything more fundamental. People get bored with all this uncertainty and by the end of November, I think the markets will move on and recover.

I see no reason for it not to recover to show 'zero' growth over 12 months. That's not asking for much, is it?

mcc100

4800

sabretoothtigger wrote: »

Thats a pain, after the poll closes it cuts off the names of people ?

Click on one of the numbers stating how many have voted in that category and the names of people are shown .......

B_Blank

5600

I voted 5600 because the fed will start printing some money.

Joe_Bloggs

I couldn't get my Altair 8800 automated trading machine to give me an answer. The trading Algorithm seems to flip between Asimov's Nightmare and Danger Will Robinson. The sentiment dial is stuck at half past capricious. Are there any other settings to consider ?

J_B.

In a eco friendly move the board of RBS were reported to have offered a one for one exchange of a carrier bag full of leaves for one of their shares.

lvader

5800

sabretoothtigger wrote: »

Thats a pain, after the poll closes it cuts off the names of people ? I voted 4600 which I decided before starting the thread

You used to be a proper stocks bull, what happened?

I'm very bullish at the moment, the DAX with a P/E of around 9 with a weakening Euro? It's a gift!

sabretoothtigger

4600

Im hedging my bets I wouldnt sell at 4600.
No actually the main reason I say 4600 is because records have a great wall of big buying just around there.
What we see mostly is the price drifting around on lesser volume then a nasty shock happens and it resets

How could I be anywhere near bullish would be a better question with all the possible risks apparent. I set the date away from xmas so that it would be a number subject to mainstream volume, I think we'll end the year fairly high if not at the high!

Inflation should make the price go up. Theres world growth but its still transitional between old and new money and Euro is deflationary ? Unless they are printing money and so far they are not if I read it right.

The FTSE futures price for Thursday is 5300 so we are rising alot now but I think this is due to the FED meeting soon. Speculation occurs on lighter volume then facts


4600 is possible in the next few months but Aug came quite close so maybe that was it. Im quite pessimistic not bullish but nominally the price of everything can rise but not bonds.

A great bond selloff could double the FTSE when it happens as it is a much larger market I believe, that is like a Hoover dam full of money flowing somewhere - more of a bullrun then bullish :j

DAX with a P/E of around 9

PE is historic though but sure I generally agree. It could still be cheaper imo especially with fear.
When I bought shares in March 2009 the company was priced below their bank balance, I believe that degree of value could still occur in some parts

lvader

5800

sabretoothtigger wrote: »

PE is historic though but sure I generally agree. It could still be cheaper imo especially with fear.
When I bought shares in March 2009 the company was priced below their bank balance, I believe that degree of value could still occur in some parts

Pretty much all the DAX companies are global companies with significant sales outside of Europe. I expect profits it be up when they report quarter end results due to the weakened Euro.

Even if markets crash lower I'll be happy because I'll keep buying, but I genually expect the markets to recover at least half the yearly loses by the end of the year if not sooner.

sabretoothtigger

4600

The FTSE has that to a lesser extent also but the mindset of big money is the West drives the world. Its increasingly incorrect but how else could we be so self centered still


Euro has not been that weak, not really as Dollar is also really pathetic. We can see that world currency all over is weak as its reflected in the gold price being incredibly strong and I think well justified

Right now I will add in more small gold share as they are lowest of all vs prospects

Written in answers average for FTSE were 5346.8
The Posters lagging vs The Pollsters for accuracy so far this week :laugh:

lemonjelly

5000

Cleaver wrote: »

Just him. He came with a halo, crown of thorns and a white toga in a vision of beauty rising above me. In a booming, yet calm, voice he said, "Cleaver. The answer is 5012. Remember that yet another pensions magazine will come through the post next week." and then he floated away.

Isn't that an album by Rush?:p