CY2024 XAO Prediction competition

[debtfree]

@IvoryWolf you are now entered into the Spreadsheet, good luck and thanks.

 

[IvoryWolf]

Thank you and Merry Christmas to all!

 

[brerwallabi]

I will say 8515 based on lower inflation/interest and economic growth to have a positive effect on market.

 

[UMike]

Missed out on tipping 7500.
Might have to lower the range.......

Wife annoying me so I'm even more pessimistic.

7250 Another tough year

8% plus down from, from todays open. About even with the pre Santa rally.

 

[debtfree]

Who's where at this stage, plenty of room left!
Thanks @brerwallabi & @UMike

 

[UMike]

Up to you .... 7500 is only 17 above IvoryWolf. I'm OK with it.

7500 or 7250. Dosen't matter gonna be a tough year. (possibly)

 

[Dona Ferentes]

Up to you .... 7500 is only 17 above IvoryWolf. I'm OK with it.

7500 or 7250. Dosen't matter gonna be a tough year. (possibly)

I read it that you went for 7250.

(too much Xmas pud for the data enterer?)

 

[debtfree]

Yes my mistake, I've had too many interruptions today from the wife wanting things setup and Face-time phone calls where you can't creep away.

It's adjusted now to 7250, the correct #, thanks @UMike & @Dona Ferentes

 

[Ferret]

I'll go with 8650. Up roughly 10 % in 2024. Ever the optimist!

 

[debtfree]

Thanks @Ferret - now updated

 

[qldfrog]

Thanks @Ferret - now updated

View attachment 167923

8100 for me, I wanted 8500 but unable to be near, and prefer to go down
Recession with high inflation , people going shares at all cost pushing the ball further

 

[debtfree]

Thanks @qldfrog, you're in

 

[Iggy_Pop]

Might go for -

7789

A number that fits the rules

Iggy

 

[debtfree]

Thanks @Iggy_Pop you've been added

 

[wayneL]

Righteo, I'll throw my hat in the ring yet again. I have to admit that my thesis for the last two years has failed.

2024 being a US election year has almost zero chance of any sort of meaningful correction to reasonable value. Additionally anything smaller than the top 10 stocks on the ASX has very little effect on the overall index value. That means that the big miners and big financials will create the headline number.

I can't see any threat to the fortunes of these businesses over the next year what do I see any reason, given the activities of Central Banks, any threat to the *valuations of the same. Indeed I think there is some justification for a melt up scenario.

I'm going to temper that with an absolute, pull a number out if my @55 guess and say 9,253

Byline - market will stay irrational, as usual.

 

[Sean K]

Righteo, I'll throw my hat in the ring yet again. I have to admit that my thesis for the last two years has failed.

2024 being a US election year has almost zero chance of any sort of meaningful correction to reasonable value. Additionally anything smaller than the top 10 stocks on the ASX has very little effect on the overall index value. That means that the big miners and big financials will create the headline number.

I can't see any threat to the fortunes of these businesses over the next year what do I see any reason, given the activities of Central Banks, any threat to the *valuations of the same. Indeed I think there is some justification for a melt up scenario.

I'm going to temper that with an absolute, pull a number out if my @55 guess and say 9,253

Byline - market will stay irrational, as usual.

9,253! Yikes, sounds like I have to sell my IOZ.

 

[wayneL]

9,253! Yikes, sounds like I have to sell my IOZ.

Exactly

Sell everything!!!

 

[debtfree]

Thanks @wayneL - in spreadsheet

Plenty of room for more entries.

 

[farmerge]

Exactly

Sell everything!!!

What about the cook and the house.

 

[farmerge]

Thanks @wayneL - in spreadsheet

Plenty of room for more entries.

View attachment 168017

This list is starting to look very interesting.