Call the FTSE bottom for this year

[eek]

We're talking about a closing value on 31st Dec 2015.

Zardov has 4500. I say 6800.

Where do you guess?

6200 (took a long time to get to 6800 I can't see it returning there quickly)..

[BlasterBates]

So to get this straight, stocks with strong earnings and currently paying 7% dividends are going to drop another 33% by the end of the year, which means everyone will dump their investment paying 10% and put it in a Santander e-saver at 0.7% ?

I'm not wholly convinced.

[greenlake]

[AtW]

So to get this straight, stocks with strong earnings and currently paying 7% dividends are going to drop another 33% by the end of the year, which means everyone will dump their investment paying 10% and put it in a Santander e-saver at 0.7% ? I'm not wholly convinced.

No, it just means that stocks paying 7% now will be paying 0% soon, and that would cause the price to drop like infinite number of times lower

HTH

[MercladUK]

by the end of the week this overselling will be done.

There may be a few minor blips but support will be back in September.

Most of the china issue is already factored in, just need oil to bounce 10% and we are back on the upward spiral.

IMO of course

[PurpleGorilla]

by the end of the week this overselling will be done.

There may be a few minor blips but support will be back in September.

Most of the china issue is already factored in, just need oil to bounce 10% and we are back on the upward spiral.

IMO of course

I don't see a rebound, a big unwind and months of falls, that's my call. FTSE at 3250 by New Year's Eve 2015

[pjclarke]

6200 (took a long time to get to 6800 I can't see it returning there quickly)..

The cat has legs, back up through 6000 and heading towards 6100

https://www.google.co.uk/finance?q=FTSE+100

The market always over-reacts.

[DimPrawn]

The cat has legs, back up through 6000 and heading towards 6100

https://www.google.co.uk/finance?q=FTSE+100

The market always over-reacts.

Big drop means big bounce. 6300 before it will continue the slide.

[pjclarke]

Big drop means big bounce. 6300 before it will continue the slide.

Bookmarked.

[DimPrawn]

Bookmarked.

Actually it will more likely be 6200 then reversal.