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Call the FTSE bottom for this year

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    #51
    Originally posted by tomtomagain View Post
    Oh and someone will blame "Short Sellers" or Hedge funds and call to have them banned.

    They are always the pantomime baddies in these scenarios.
    Don't forget the algos. Nothing like a stock diving 90% of it's value, only to recover by New York close.
    'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
    Nick Pickles, director of Big Brother Watch.

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      #52
      Originally posted by SantaClaus View Post
      Don't forget the algos. Nothing like a stock diving 90% of it's value, only to recover by New York close.
      That's true. I forgot the HFT's. It's all their fault.

      Clearly capitalism has failed and the only solution is to live in a commune with a gold-plated roof.

      Comment


        #53
        Originally posted by BlasterBates View Post
        On the ticker, Daimler Chrysler is optimistic about sales in China, which sort of confirms this is more panic than sense.
        They'll be selling lots of A class cars, wohoo!

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          #54
          Back to topic;

          Going for 25% fall from close today so going for 4500 by year end*


          *Low reached at some point between today and year end
          Last edited by ZARDOZ; 24 August 2015, 16:44.

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            #55
            Originally posted by ZARDOZ View Post
            Back to topic;

            Going for 25% fall from close today so going for 4500 by year end.

            Ok. It's a fools game guessing .... but 6800 by year end ( 31st December 2015 for the avoidance of doubt ) .

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              #56
              Originally posted by tomtomagain View Post
              Ok. It's a fools game guessing .... but 6800 by year end ( 31st December 2015 for the avoidance of doubt ) .
              Optimistic! I've caveated mine as there will probably be a bounce from a low

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                #57
                Originally posted by ZARDOZ View Post
                Optimistic! I've caveated mine as there will probably be a bounce from a low
                Well you know .... overdone sell off .... live cat leap ..... World Peace III .... QE IV .... "They" will do what it takes to stop a crash.

                Actually I don't know. Nobody does 6800 is as good a guess as 4500.

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                  #58
                  Originally posted by tomtomagain View Post
                  Well you know .... overdone sell off .... live cat leap ..... World Peace III .... QE IV .... "They" will do what it takes to stop a crash.

                  Actually I don't know. Nobody does 6800 is as good a guess as 4500.
                  If we are talking low of the year and given that it hit a low of 5768.22 I don't think 6800 is going to be the lowest value this year...
                  merely at clientco for the entertainment

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                    #59
                    4720 no sweat.... if "they" don't start the QE printing presses again.
                    'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
                    Nick Pickles, director of Big Brother Watch.

                    Comment


                      #60
                      Originally posted by eek View Post
                      If we are talking low of the year and given that it hit a low of 5768.22 I don't think 6800 is going to be the lowest value this year...
                      We're talking about a closing value on 31st Dec 2015.

                      Zardov has 4500. I say 6800.

                      Where do you guess?

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