| |
Major Site Upgrade in Progress |
 |
|
 |
|
fireboy
Saving Enthusiast
Joined: 18 Oct 2004
Posts: 134
Cash Points ££ 459.94
|
|
|
 |
|
 |
|
 Posted: Sun Mar 05, 2006 5:16 am Post subject: A blast from the past - Views from city pundits are WRONG ! |
 |
|
|
 |
|
 |
|
|
|
|
The article below is from the times and some 18 months old when the ftse was below 4500 !! Since then its risen some 30% !!!
Most of the views are bearish for the long-term and even the bullish views are only bullish in the short-term !
Just goes to show how worthless the views from city pundits are and how they should be ignored !!!!
David Schwartz
The stock-market historian is optimistic about the next few months. He said: “History tells us that markets in Britain always rise at this stage of the US presidential race. I am pretty bullish for the rest of the year.”
The bounce since the bear market low on March 12, 2003 has been small by historical standards, suggesting shares have further to go.
There have been 18 big stock-market sell-offs over the past century, according to Schwartz. Shares have then bounced back by an average 97%. But this time the Footsie has risen about 40%.
Schwartz’s message for long-term investors is more pessimistic. He warns them that when the rally runs out of steam, shares could either resume the decline of 2000-3 or drift sideways. People who are comfortable jumping in and out of the market should be able to profit. Savers who hold for the long term could be disappointed.
Advice: Take advantage now but prepare for trouble in future.
Many more views -
http://business.timesonline.co.uk/article/0,,9556-1158908_1,00.html |
|
|
|
|
|
|
|
Quinn
Saving Enthusiast
Joined: 06 Feb 2005
Posts: 181
Cash Points ££ 2817.02
|
|
|
|
|
|
|
| Posted: Sun Mar 05, 2006 5:27 pm Post subject: |
|
|
|
|
|
|
|
|
|
|
LOL
Just shows how worthless city views are  |
|
|
|
|
|
|
|
Wade
Saving Enthusiast
Joined: 17 Feb 2005
Posts: 185
Cash Points ££ 2569.94
|
|
|
|
|
|
|
| Posted: Mon Mar 06, 2006 4:58 am Post subject: |
|
|
|
|
|
|
|
|
|
|
so if we can't rely on the professionals then who can we rely on  |
|
|
|
|
|
|
|
|
|
|
Wade
Saving Enthusiast
Joined: 17 Feb 2005
Posts: 185
Cash Points ££ 2569.94
|
|
|
|
|
|
|
| Posted: Sun Sep 10, 2006 5:59 pm Post subject: |
|
|
|
|
|
|
|
|
|
|
Going on that city pundets tend to be wrong, lets see what they are saying now -
Summer is traditionally a sluggish time for stock markets, hence the adage that investors should “sell in May and go away, come back again on St Leger Day”. The St Leger classic horse race is normally run early in September — this year it is taking place next Saturday.
The saying arose because trading often slumped over the summer when many in the City abandoned their desks to follow sporting events such as Ascot, Wimbledon and the Henley Regatta. The St Leger race symbolised the end of the holiday season and a return to work.
Some professionals think markets will follow the script this year and are predicting strong gains from here, particularly as companies are still delivering good results and have strong balance sheets, highlighted by continued takeover activity.
Stephen Whittaker, who runs the New Star UK Growth fund, is one of the bulls. He thinks the Footsie will end the year 400 to 500 points higher than it is at the moment, which would take it to about 6,400 — its highest level for six years.
He believes concerns about an economic slowdown in Britain and the US are overblown. “Everyone seems to be worried the US is going into recession, but that won’t happen because if it looks likely the Federal Reserve will cut interest rates,” he said. “With rates at 5%, it has plenty of room for manoeuvre.”
Simon King, who co-manages the Gartmore UK Focus fund, is equally bullish.
He said: “People are over-reacting to the risk of a slowdown. As far as we can see, the fundamentals still look good. Companies are delivering in terms of profit and dividends, the UK balance sheet remains very strong and consumers have proved to be pretty resilient.”
Going by the above, things look pretty bleak for the ftse for the rest of the year ! |
|
|
|
|
|
|
 |
Online Finance Tools & Calculators |
 |
| Credit Score Calculator |
Easy to use online Credit Scoring tool - Calculate your credit score now online for FREE ! using the Moneyforums.co.uk credit scoring tool. Also TEN Tips on improving and mainting a good credit rating ! |
|
| Quick Health Calculator |
Easy to use quick health calculator to help you get started on the path to fitness. Calculates your body mass index (BMI). |
|
| "When will I die ?" Calculator |
Calculate when will you die based on your current life style and then more importantly what you can do about extending your lifespan ! |
|
| Mortgage Calculator |
Easy to use online Mortgage calculator tool - Calculate how long it will take to pay off your mortgage and what your monthly repayments will be as well as interest charged per month per each year. |
|
| Savings Calculator |
Use the flexible savings calculator to estimate the amount of interest you would earn given a level of monthly savings, with many optional settings. |
|
| UK Tax Calculator |
Check your tax and NI liability using this easy to use online tool. Outputs, Tax, Ni, Net pay and gross pay on an annual, monthly and weekly basis, also estimates your tax burden and the number of days a year you work for the tax man ! Plus lots of tax saving tips. |
|
|
 |
|
 |
|
Money
Forums Guides |
|
| Credit
Card Stoozing |
The
following guide explains the basics of credit
card stoozing in a step by step basis. |
|
| Discount
Vouchers |
Online
discount vouchers giving upto
50% off in stores such as Dixons,
Tesco, Avon, Currys, Boden and more. Many
of the vouchers are time limited - So check
back regularly |
|
| Money
Saving Guide |
Guide
to saving money on household bills & personal
finances - Start saving thousands of £'s
every year TODAY ! |
|
| Savings
Tree |
A
guide to Savings Accounts, from Cash ISA's to
Regular Savers to Premium Bonds, all explained
in an easy to understand manner. |
|
|
Users
Groups | Profile
| Messages
| FAQ | Sponsers
& Links | Member
list | Recommend this site | Top Money Saving Sitee
© 2004 - 2007 Moneyforums.co.uk / Market Oracle Ltd - Asserts copyright on all topics & posts made on this site. Moneyforums are open forums, and thus posts are NOT endorsed by Moneyforums.co.uk / Market Oracle Ltd . Any and all information provided within the Website is for general information purposes only and nor is or shall be deemed to constitute, financial or other advice. We recommend that independent professional advice is obtained before you purchase any product and/or service. All tools and guides are provided as is for general information purposes only.
|
 |
Website Designed and Mantained by Walsoft.net |
 |
| |
