Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

..Egg on experts' faces as FTSE predictions are 1,000 points adrift

By Richard Evans | Telegraph – 3 hours ago
....
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Investors have been given a salutary reminder of the dangers of predicting the stock market by the failure of almost every expert to forecast how the FTSE 100 would end the year.

Many well known commentators made predictions this time last year about where the blue chip index would finish 2011. The typical prediction was 6500, whereas the index is currently trading at about 5400.

None of the 12 forecasts collated by one financial adviser was below 6000. Justin Urquhart Stewart of Seven Investment Management, for example, expected to the FTSE 100 to end the year at 6400, while Mark Dampier of Hargreaves Lansdown plumped for 6500. Henk Potts of Barclays Wealth was one of the more pessimistic forecasters with a prediction of 6100.

All were caught out by the "flash crash" that affected stock markets in August and by the failure of eurozone leaders to find a convincing solution to the debt crisis. The FTSE 100 has fallen below the 5000 level more than once this year as a result.

Brian Dennehy, the managing director of Dennehy Weller, the advisory firm that collated the figures, gave himself a pat on the back for his own prediction that the index would fall as low as 4800 during the year it did so in early August.

He said: "For a bit of fun we looked back to the end of last year, to see what industry experts predicted for the UK stock market in 2011. The majority of predictions were aligned but in the wrong place. The average was around 6500."

He added: "Our guide for 2012, as economic concerns continue to swirl, is 'what does cheap look like?'. Based on 10-year cyclically adjusted price to earnings ratios, cheap would be around 4000 on the FTSE 100 index.

"We believe there is a strong likelihood of footsie hitting 4000 at some point during 2012."

Below is a list of predictions made this time last year for FTSE 100 at the end of 2011.

• Justin Urquhart Stewart, Seven Investment Management: 6400

• Danny Cox, Hargreaves Lansdown: 6400

• Peter McGahan, Worldwide Financial Planning: 6500

• Melvyn Bell, Lowes Financial Management: 6500

• Andrew Swallow, Swallow Financial: 6100

• Martin Bamford, Informed Choice: 6700

• Nick Nelson, UBS: 6700

• Henk Potts, Barclays Wealth: 6100

• Mike Lenhoff, Brewin Dolphin: 6450

• Paul Kavanagh, Killik & Co: 6600

• Simon Brazier, Threadneedle: 6500

• Mark Dampier, Hargreaves Lansdown: 6500


..

just read the papers so time for a few pints .
THE UK IS GOING TO GO IN TO DEEP RECESSION
and at least 1.7million to join the unemployed
down to the little boy osborne who was at the times for a little while he was as thick
a blank

four big uk companys on the brink of going bust

over 50000 to lose there homes next year house prices to fall over 25%

You little ray of sunshine.

Tanker, opposite will happen. DOn't bother about these media whose aim is to profit through every means.

Didn't they hacked phones for what? us or their profit?

Many of them should go to hell, darling.

had a nice drink and evening meal .
the uk is going into deep recession and there will
be thousands losing there homes the banks to ditch
over 50000 the uk will put 43b in to the EU
just watch and learn

US banks are up, pre-market.

Tinker.

Unfortunately, for once, I have to agree with you.

Recession deeper.

Unemployment up, up, up.

House prices down Mortgage failures up

More people facing bancruptcy.

Criniality up.

So discontent higher.

Social disent up."

More QE. but too late.

More government U-Turn after U-Turn.

A large part of the responsibility for the economic collapse place on the economic gnomes Cameron and Osborne.

Sorry Fred, but it is world wide and the UK is doing better than most of Europe. That is probably down to Cameron and Osborne.

The world will move on whatever the politicians, the bankers, and the criminals do.

Merry Christmas and Happy New Year to all believers, and human kind.

hay cameron is a ignorant person and not that bright as for OSBORNE HE IS A DIMWIT i remember him at the times say no more

Happy Christmas Everybody

ExecLine ,

Like the card best I have seen, , Merry Christmas to all the diverse and multicultural poster's on here , for non Christians and Pagan's a happy new year or a happy Solstice.

Yes, brilliant.
2517

Hays,

Where did you get the coloured or tinted glasses from?

Or, perhaps, you are seeing different figures. estimates and charts.


Anyway, happy Xmas. Fogot, Seasons greetings.

===================

Exec.

Nice card.


Sending it to my grandchildren.

Beware this is a fraud
I'm now deleting

What's a fraud ? did i miss it

One of the biggest threats to financial stability in the UK is potential interference by the European Union (EU) that would create a "race to the bottom" between regulators, the Bank of England has warned, according to The Telegraph. Brussels has demanded that key banking regulations are set centrally, making national supervisors little more than arms-length officials policing the EU code. However, in a discussion paper on the new "toolkit" of powers the Bank is requesting to prevent a rerun of the financial crisis, it warned that Brussels was proving an obstacle to reducing systemic risk. The Bank also appeared to endorse David Cameron's decision to veto the revised EU treaty after failing to secure additional safeguards for independent UK financial regulation.

South American states ban Falklands vessels from ports

And here it is :-

"Malvinas is not an Argentine cause, it is a global cause, because in the Malvinas they are taking our oil and fishing resources.

"And when there is need for more resources, those who are strong are going to look for them wherever and however they can."

British companies are exploring for oil in the waters surrounding the islands, which are 400 nautical miles from the Argentine coast.