Market forecast (update)

  1. 5,769 Posts.
    Nothing has changed since last post on 27th April re XGP index ma (40 day) market price pillar (about 1314 FPO stocks) .

    Go the Aussie market, U are way too slow fo 7 year forecast !!!!!!

    Current situation

    S DATE MA PRICE
    1 10/05/01 $1.95
    2 26/04/02 $2.10
    3 30/06/09 $3.22
    SLOPE 0.64 (currently poor growth, nevertheless it is growth)

    A few projections / forecasts. Highest ma price for the market prior to decline was $4-45 in late 1999. Markets tend to expand, therefore we can speculate that in several years from now we may see ma market price over $10-00 at least.

    Lets do some calculations with different ma prices for today (in bold).

    S DATE MA PRICE
    1 10/05/01 $1.95
    2 26/04/02 $2.20
    3 30/06/09 $4.07
    SLOPE 1.06 (we live in hope of this outcome within a month or two or SOONER)

    S DATE MA PRICE
    1 10/05/01 $1.95
    2 26/04/02 $2.50
    3 30/06/09 $6.61
    SLOPE 2.33 (good growth, 6-12 months away)

    S DATE MA PRICE
    1 10/05/01 $1.95
    2 26/04/02 $2.75
    3 30/06/09 $8.73
    SLOPE 3.39 (strong growth)

    S DATE MA PRICE
    1 10/05/01 $1.95
    2 26/04/02 $3.00
    3 30/06/09 $10.84
    SLOPE 4.45 (excellent growth)

    Latest chart (current as at 2/5/02):

 
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.