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Wisdom of the crowd - FTSE100 low point

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    Wisdom of the crowd - FTSE100 low point

    Based on the theory that crowd is more accurate than an expert, how low this year do you think the FTSE 100 will fall?
    35
    6500
    5.71%
    2
    6000
    5.71%
    2
    5500
    11.43%
    4
    5000
    11.43%
    4
    4500
    14.29%
    5
    4000
    8.57%
    3
    3500
    0.00%
    0
    3000
    0.00%
    0
    below 3000
    5.71%
    2
    Irrelevant, everyone will be dead
    37.14%
    13
    First Law of Contracting: Only the strong survive

    #2
    Previous corrections within the index has favoured the 0.618 golden ratio for whatever reason, which takes us to 4500. Which is still better than the lows of 2008. So 4500 gets my vote. The bear market could last until the end of 2024.
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    Comment


      #3
      No AndyW option. Fail poll. Ban user.
      'CUK forum personality of 2011 - Winner - Yes really!!!!

      Comment


        #4
        Wisdom of the crowd

        Comment


          #5
          Originally posted by northernladuk View Post
          No AndyW option. Fail poll. Ban user.
          AndyW's mum likes it even after she's dead.

          Comment


            #6
            5196.
            …Maybe we ain’t that young anymore

            Comment


              #7
              1450

              Comment


                #8
                Originally posted by AtW View Post
                1450
                1450 seems very low, on what basis would you expect the index to reach such a low?
                First Law of Contracting: Only the strong survive

                Comment


                  #9
                  Originally posted by _V_ View Post
                  1450 seems very low, on what basis would you expect the index to reach such a low?

                  Comment


                    #10
                    The only way for the index to go that low would be for a number of FTSE 100 companies to disappear altogether.

                    What possible reason could there be for companies to pack up and leave the UK?
                    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                    Comment

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