One year ago i forecast:
"Closed CY2013 at 5353. I concede forecasting is risky but my feeling is world economy including China is in for a tough 2014. ASX200 to close about 850 points lower at 4,500."
Fact:
THE Australian share market has turned in its worst annual performance in three years.
Closing lower on the last trading day of 2014, the benchmark S & P/ASX200 finished the year overall up 1.1 per cent at 5411.0 — its smallest annual gain since 2011.
So my pessimism re ASX200 in 2014 was proved wrong. But can't get bullish re 2015. Maybe it's just me but reckon the whole thing is a house of cards propped up by Fed and other central banks with money printing.
Anyone want to punt where CY2015 will end? I'm sticking with 4,500.
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where will asx200 be in year's time?, page-72
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