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ALL ORDS went nowhere for 7 YEARS!
- Thread starter Bill M
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I'll say 6766.
Commodities will edge higher, the banks will gain 10% once the royal comm is over and we're reminded that they're the best in the world. CBA will pay 20M in fines, pre-emptively raise interest rates, pay the new CEO more than the last one and still announce another record profit.
China along with NKorea will "own" more than 51% of the crypto currency network and therefore control it. Many cryptos will disappear overnight, but be replaced immediately by another. They''ll morph, fork and spoon into others so fast the traders won't see their cash disappear. Expect it to end up in NK.
I think ASF needs an outrageous predictions thread.
Commodities will edge higher, the banks will gain 10% once the royal comm is over and we're reminded that they're the best in the world. CBA will pay 20M in fines, pre-emptively raise interest rates, pay the new CEO more than the last one and still announce another record profit.
China along with NKorea will "own" more than 51% of the crypto currency network and therefore control it. Many cryptos will disappear overnight, but be replaced immediately by another. They''ll morph, fork and spoon into others so fast the traders won't see their cash disappear. Expect it to end up in NK.
I think ASF needs an outrageous predictions thread.
Bill M
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So you taking another punt? I took yours from last year 6341, not because you had it, it's like a premonition or something. Just can't shake it.Well done Bill M!!
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Absolutely - hope everyone has a crack at this one as well as the annual tipping comp! Even if one is neither a market timer or forecaster (i.e. me!) one should always be ready for a punt, IMO
I'll take...
7,190
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I think the RBA is gaging, to increase interest rates, as soon as they do, the swing from stocks to deposits will happen.
So I will go for 6,750
So I will go for 6,750
PZ99
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Absolutely - hope everyone has a crack at this one as well as the annual tipping comp! Even if one is neither a market timer or forecaster (i.e. me!) one should always be ready for a punt, IMO
I'll take...
7,190
Might as well have a go - 6100 ✓
Bill M
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Lets keep this going, anyone else want to have a crack at where the All Ords will finish at year end 2018? I'll do the list and keep tabs on everything.
The funny thing is I remember someone saying way back 6 years ago something like "the way the economy is going next year it will be 8 years that the XAO has gone no where." Back then not even in my wildest imagination did I think it would take 10 years + and we still haven't passed our previous high. Surely that can't be that far away. Just for the record, I think of the top of my head the DOW has quadrupled during the same time. OMG!
The funny thing is I remember someone saying way back 6 years ago something like "the way the economy is going next year it will be 8 years that the XAO has gone no where." Back then not even in my wildest imagination did I think it would take 10 years + and we still haven't passed our previous high. Surely that can't be that far away. Just for the record, I think of the top of my head the DOW has quadrupled during the same time. OMG!
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6535 please Bill M
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The accumulated indices are at all time highs though. Mind you, even that translates to only ~3.5% CAGR for over the last 10 years since the previous peak (for the ASX300 accumulated) - which is obviously all dividends.
Logique
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I'm not sure which prediction rattles me the most:
PZ99 - 6100 (i.e. going nowhere in 2018), or
Systematic - 7190 (adding 1000 points)
Both proven tipsters. It's certainly going to be intriguing..
PZ99 - 6100 (i.e. going nowhere in 2018), or
Systematic - 7190 (adding 1000 points)
Both proven tipsters. It's certainly going to be intriguing..
PZ99
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A lot of cautious bulls in here.
I'll say 6100. Push higher then sell in May and go away and we'll back where we started
I'll say 6100. Push higher then sell in May and go away and we'll back where we started
Bill M
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Bill M
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OK, here is the line up so far. If anyone else wants a go, please give me you number now, thanks.
PZ99 6100
kid hustlr 6100
Bill M 6341
Logique 6450
Toyota Lexcen 6535
sptrawler 6750
Peter 2 6766
Cam019 6810
systematic 7190
PZ99 6100
kid hustlr 6100
Bill M 6341
Logique 6450
Toyota Lexcen 6535
sptrawler 6750
Peter 2 6766
Cam019 6810
systematic 7190
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Eek - I didnt' realise I had the same number as PZ99 (great minds!) Happy to change mine to an even 6000 if that makes it easier?
Alternative I could go to 6101 like they used to on "the Price is Right".
6000 will be fine
Alternative I could go to 6101 like they used to on "the Price is Right".
6000 will be fine
Logique
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Thanks, yes that is a good read
Bill M
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That's all good, here's the line up:
kid hustlr 6000
PZ99 6100
Bill M 6341
Logique 6450
Toyota Lexcen 6535
sptrawler 6750
Peter 2 6766
Cam019 6810
systematic 7190
Logique
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Calculated an average prediction for interest sake = 6549
So_Cynical
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Killing it - Just in the last 13 weeks my main portfolio is up 24.9% new all time highs week after week ~ the small and mid cap stocks have done much better than the ASX100, my portfolio is heavy the smaller stocks, 7 years of my buy and build strategy of leaving in profits and cycling cash is now really starting to pay off.
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