BGC bridge global capital management limited

nfl newbie, page-6

  1. 752 Posts.
    I tend to agree that we will see lower prices tomorrow ... AORD will probably end up around 5500 at the end of the day

    The best hope for next week is the AORD doesn't fall any more ... the worst it could probably fall to is 5200 next week

    The best hope for next month is that the AORD doesn't fall any more ... the worst it could probably fall to if this is a real crash is around 4700

    That number is probably realistic. Out of interest, about a year ago or so, I modelled the AORD over 25 years from 1980 to 2005. The real gain in share prices over that time, that is above inflation, averaged 3.6% per year. The AORD at 4000 at the end of 2005 fitted my model pretty well.

    Everything seemed to point to a coming correction or crash ... but no one agreed with me ... so I kept most of my money in the share market ...

    I do think the Biofuels industry is a good place to have shares though ... everything points to a good return from here.
 
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