FTSE 100 predictions for 2016

Pincher

http://www.tradingeconomics.com/united-kingdom/stock-market

Click on Max for a long term perspective, and then click on 10Y.
Basically sideways for a year, and then splat in 2018.

So, I go for 6,799 on 31st December 2017.

I'm holding onto my dividend pet favourites, buy some gold, but will be keeping my powder dry until Noah's Flood is over.

With all the time on my hands, I should write a book:

Forty Days and Forty Nights: 2018 Financial Armageddon.

Sell the movie rights, get Roland Emmerich (Director: 2012): he will probably enjoy blowing up Wall Street.

Gotta hurry up, it needs to go out into the cinemas for Christmas 2017. Had a colleague who wrote something for the Y2K bug, and almost got a movie deal, but it was way too late for 1999.

Pincher

Click on Forecast:

http://www.tradingeconomics.com/united-kingdom/stock-market

The UK FTSE 100 Stock Market Index is expected to trade at 7030.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6820.00 in 12 months time.


Hopefully there's enough time to profit take, using up the tax allowances in 2017/18. Before the splat in 2018.

bigfreddiel

This whole thread was only a joke wasn't it

I saw it as a way of deriding those 'experts' who make these predictions, usually based on smoke and mirrors.

So today the experts predictions were gone ove in the Sunday Times

Mr Hollands of Tilley BestInvest was the furthest off with his prediction of 6,100.

The best prediction was from Brenda Kelly of London Capital Group with 6,700

So what does this tell us? It shows that no one actually knows or has a method to even give them an idea

This year 2017 I predict it will finish st 9,500

Cheers fj

Pincher

bigfreddiel wrote: »

So what does this tell us? It shows that no one actually knows or has a method to even give them an idea

We in the Church of Cyclic Universe believe in the Ten Year Cycle.

What Was, Will Be. Amen.

Glen_Clark

Slightly off topic but this years duffers prize for predictions should go to the ex Chancellor of the Exchequer G Osborne for predicting a vote for Brexit would lead to a fall in house prices and a rise in interest rates.

TheTracker

Thrugelmir wrote: »

Real driver was dividends. As many of the majors pay dividends in $ and €. Dividends underpin asset values.

Would love to hear more. Sounds like bo!!ocks to me but I am always willing to listen and learn

pip895

Glen_Clark wrote: »

Slightly off topic but this years duffers prize for predictions should go to the ex Chancellor of the Exchequer G Osborne for predicting a vote for Brexit would lead to a fall in house prices and a rise in interest rates.

Unfortunately there's still plenty of time for an "I told you so" on that front - we haven't even triggered article 50 yet!:rotfl:

Glen_Clark

TheTracker wrote: »

Would love to hear more. Sounds like bo!!ocks to me but I am always willing to listen and learn

Thrugelmir wrote: »

Real driver was dividends. As many of the majors pay dividends in $ and €. Dividends underpin asset values.

No. The FTSE100 majors pay dividends in £, from earnings in $ and E. Which means the dividends are expected to be more £, so the share price will be more £

Glen_Clark

pip895 wrote: »

Unfortunately there's still plenty of time for an "I told you so" on that front :rotfl:

If you wait long enough other factors to intervene.;)