A very well done to LargeAddick who was less than ten points out! And to the Top 7 who managed to get within 1%. Overall most people were within 5% which is not too shabby at all.
A very muted response to @LargeAddick victory but I'll say well done!
Might even seek from advice from you! What's your go to fund for the next 6 months! :-) 😂
As regards the top 8 (ie those who finished above me) how many of you actually work in the finance industry. Just a simple yes or no - no need to give any details. (Reason I ask is just interested to know if the professionals have any more real insight into where the market is going than mug punters like me)
A very muted response to @LargeAddick victory but I'll say well done!
Might even seek from advice from you! What's your go to fund for the next 6 months! :-) 😂
As regards the top 8 (ie those who finished above me) how many of you actually work in the finance industry. Just a simple yes or no - no need to give any details. (Reason I ask is just interested to know if the professionals have any more real insight into where the market is going than mug punters like me)
Well done everyone who thrashed me, pleased I was wrong as my pension fund seemed to appreciate the gains. Think I might be a bit more optimistic next time.
up 120bps this morn as I write to rub salt in the wounds for the more bullish punters...lot of window dressing going on yday into qtr/month end - tough break for the 7050+ crew. Enjoyed reading this, may get involved and ridicule myself in the next edition...
up 120bps this morn as I write to rub salt in the wounds for the more bullish punters...lot of window dressing going on yday into qtr/month end - tough break for the 7050+ crew. Enjoyed reading this, may get involved and ridicule myself in the next edition...
Interesting. As I write the FTSE stands at 7120, which would have @valleynick66 literally spot on and our resident expert @golfaddick only a few points out.
Well done @LargeAddick I hope you enjoy your Saturday afternoon's down at the rusty toolbox
@Fortune 82nd Minute I work in banking*, but I have always looked after professional firms (i.e. private and not listed on any exchange), so no real business knowledge of the markets side of the corporate world. Just follow out of my own interest.
A very muted response to @LargeAddick victory but I'll say well done!
Might even seek from advice from you! What's your go to fund for the next 6 months! :-) 😂
As regards the top 8 (ie those who finished above me) how many of you actually work in the finance industry. Just a simple yes or no - no need to give any details. (Reason I ask is just interested to know if the professionals have any more real insight into where the market is going than mug punters like me)
No, I’m just a punter. And the dialogue leading up to the first of these competitions was driven by our resident IFA who was consistently among the more bullish voices about market prospects. Its interesting that having been trounced by a lot of punters in the first two comps he was more cautious this time. Isnt this your best result so far @golfaddick ? 😉
The serious point I’m making here is that the overall results looking at all participants in all three comps have been startlingly good, and seem to be getting better if I’m not mistaken. So I am certainly up for a further competition, but I hope this time we will have a couple of weeks where people share their thoughts before laying down their “bets”. This can be a real help for those who feel less wired in to the markets, but there was not much of that before this round. I don’t think it spoils the fun, and there is no money involved, so why not?
A very muted response to @LargeAddick victory but I'll say well done!
Might even seek from advice from you! What's your go to fund for the next 6 months! :-) 😂
As regards the top 8 (ie those who finished above me) how many of you actually work in the finance industry. Just a simple yes or no - no need to give any details. (Reason I ask is just interested to know if the professionals have any more real insight into where the market is going than mug punters like me)
worked in banking for over 40 years, now work in a solicitors. Not sure if that helped in my prediction, chose 47 at the end as that's the year we won the cup !!
A very muted response to @LargeAddick victory but I'll say well done!
Might even seek from advice from you! What's your go to fund for the next 6 months! :-) 😂
As regards the top 8 (ie those who finished above me) how many of you actually work in the finance industry. Just a simple yes or no - no need to give any details. (Reason I ask is just interested to know if the professionals have any more real insight into where the market is going than mug punters like me)
worked in banking for over 40 years, now work in a solicitors. Not sure if that helped in my prediction, chose 47 at the end as that's the year we won the cup !!
Not wanting to sound bitter but as today's gains have shown the Index can be anywhere on any given day. During the past week the FTSE100 had been trading above 7100 and was looking at finishing June nearer to 7150 than 7050. Last Friday it finished at 7136, just 4 points off my "guess". And a guess it was, as no-one can really say where the Index might be in a months time, let alone 6 ! Too many variables (Inflation, interest rates, Covid lockdown 4 or 5) and thats without any political drama's such as PM's resigning or EU/NI troubles.
At this stage all I'm looking at is the country slow unlocking & businesses getting back on their feet with the vaccine programme being fully done. The FTSE100 is still around 700 points off its all time high and still 500 points off where it was pre-Covid. I would like to think the FTSE is back to around 7500 by the end of the year but its too soon to be making any final "guesses" for the next comp.
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Edit: and as soon as I post that, the Dow runs out of steam. Looks like @TelMc32 is in pole position
A very well done to LargeAddick who was less than ten points out! And to the Top 7 who managed to get within 1%. Overall most people were within 5% which is not too shabby at all.
Shall we do again for year end?
Might even seek from advice from you! What's your go to fund for the next 6 months! :-) 😂
As regards the top 8 (ie those who finished above me) how many of you actually work in the finance industry. Just a simple yes or no - no need to give any details. (Reason I ask is just interested to know if the professionals have any more real insight into where the market is going than mug punters like me)
@Fortune 82nd Minute I work in banking*, but I have always looked after professional firms (i.e. private and not listed on any exchange), so no real business knowledge of the markets side of the corporate world. Just follow out of my own interest.
*at the moment
So are we all on again for end of year predictions?
At this stage all I'm looking at is the country slow unlocking & businesses getting back on their feet with the vaccine programme being fully done. The FTSE100 is still around 700 points off its all time high and still 500 points off where it was pre-Covid. I would like to think the FTSE is back to around 7500 by the end of the year but its too soon to be making any final "guesses" for the next comp.
So that pushes me up to 8th from 16th
Well played Large and everyone.
No seriously well called mate.