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Willit

Ftse100 Under 3000!

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So what happened to all the oh so confident predictions that the FTSE100 would be under 3,000 by now?

All the financial geniuses seem to have gone a little quiet on this one... ;)

Edited by Willit

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So what happened to all the oh so confident predictions that the FTSE100 would be under 3,000 by now?

All the financial geniuses seem to have gone a little quiet on this one... ;)

The answer is...

You gave the banks almost 3k of your own money to lend out.

Doubt you'll get it back though, unless you want to pay them interest.

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BoE buys £125B of gilts from Banks. Banks invest in the stock maket. Stock market rises. Reality will begin to bite in the autumn and banks will bail out of stocks. Stock market will retest March lows.

You have been warned...

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Guest DissipatedYouthIsValuable
So what happened to all the oh so confident predictions that the FTSE100 would be under 3,000 by now?

All the financial geniuses seem to have gone a little quiet on this one... ;)

QE money.

It's gone to maintain an illusion.

Edited by DissipatedYouthIsValuable

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So what happened to all the oh so confident predictions that the FTSE100 would be under 3,000 by now?

All the financial geniuses seem to have gone a little quiet on this one... ;)

I think many of them have gone and bought a couple of houses, you know, to make a few quid.

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QE money.

It's gone to maintain an illusion.

QE money = dead money.

trading volumes are so low at these levels (altho it is summer so to be expected)

markets will drop come sept/oct

weve just had the same 22 week rally they had in 29 ;-)

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Sicut erat in principio, et nunc, et semper, et in saecula saeculorum.

Patience dude. ;)

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So what happened to all the oh so confident predictions that the FTSE100 would be under 3,000 by now?

All the financial geniuses seem to have gone a little quiet on this one... ;)

I am not a financial genius.

I am set up so that a fall to 3,000 in a deflationary death spiral will not change my standard of living too much.

I am also set up so that a rise to 1,000,000 in an inflationary holocast will not change my standard of living too much either.

I am giving up a lot of possible returns that could be achieved in a reasonably stable environment to be in this position.

I am set up to cover off extreme events more than I have ever been in my investing life.

Edited by LuckyOne

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Guest Parry aka GOD
QE money = dead money.

trading volumes are so low at these levels (altho it is summer so to be expected)

markets will drop come sept/oct

weve just had the same 22 week rally they had in 29 ;-)

Monday 19th October. Big crash!

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So what happened to all the oh so confident predictions that the FTSE100 would be under 3,000 by now?

All the financial geniuses seem to have gone a little quiet on this one... ;)

:lol:

They're focused on the forthcoming autumn crash now that the summer one has failed to materialise.

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:lol:

They're focused on the forthcoming autumn crash now that the summer one has failed to materialise.

Wealth preservation is measured in generations and not in months.

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So what happened to all the oh so confident predictions that the FTSE100 would be under 3,000 by now?

All the financial geniuses seem to have gone a little quiet on this one... ;)

Ah, those will be the same financial gurus who expected 20% falls in HPI for 2009.

They're still around, armageddon is in a continual state of postponement. :lol:

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Ah, those will be the same financial gurus who expected 20% falls in HPI for 2009.

They're still around, armageddon is in a continual state of postponement. :lol:

Postponed, yes. For how long, who knows? But definitely not forever...

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Monday 19th October. Big crash!

sounds about right. why that date ? full moon?!

(Parry Glad to see you survived last nights tsunami non event. You have me looking at penang property now! I was at Glastonbury with a doctor from Singapore and he cant say enough good things about that region of the world. Jim Rogers could well be right...)

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What the hell does that mean? Sodomy non sapiens. ;)

It means the OP is asking the wrong question. Obviously.

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Ah, those will be the same financial gurus who expected 20% falls in HPI for 2009.

They're still around, armageddon is in a continual state of postponement. :lol:

They're quite different to the masses of other who predicted 90%, or 'more modest' falls of 40-50%?

*yawn*

It's all over... you failed to predict anything.

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They're quite different to the masses of other who predicted 90%, or 'more modest' falls of 40-50%?

*yawn*

It's all over... you failed to predict anything.

It is, indeed, all over. Just not in the way you think. Your failure to open either your eyes or your mind will be the cause of your utter ruin. I pity you.

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It is, indeed, all over. Just not in the way you think. Your failure to open either your eyes or your mind will be the cause of your utter ruin. I pity you.

Yep GDP rose from -2.4 to -0.8, last quarter. The largest rise for years, but the recession is still going on in your head and will no doubt continue for some years to come.

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Yep GDP rose from -2.4 to -0.8, last quarter. The largest rise for years, but the recession is still going on in your head and will no doubt continue for some years to come.

Well you are revealing your shattering ignorance in all its glory now. The economy SHRANK by 0.8% last quarter which was DOUBLE THE CONTRACTION widely expected.

The recession is still going on in the real world.

It would appear that what's going on in your head is very far removed from reality.

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The economy SHRANK by 0.8% last quarter

Hmm, indeed. Better than -2.4 wasn't it?

Let me ask you which you think the biggest number is, -2.4 or -0.8?

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