What Will The Valuations Of These Indicators Be End of 2006

[Daneboy]

As of June 19:
Dow 10,942
S&P500 1,240
Nasdaq 2,110
Gold ETF (GLD) 56.36
Fed Funds Rate 5.0%
Gallon Reg Gas - Nat Ave $2.90


As of Dec 31:
Dow
S&P500
Nasdaq
Gold ETF (GLD)
Fed Funds Rate
Gallon Reg Gas - Nat Ave $

 

[frayne]

As of Dec 31:
Dow 9500
S&P500 1000
Nasdaq 1750
Gold ETF (GLD) 50.00
Fed Funds Rate 6.0
Gallon Reg Gas - Nat Ave $3.50

 

[d]

drat! just dropped by cystal ball.  nonetheless, i'm moderatley confident they'll be within +/- 10% of their current level -- barring unforseen circumstances.

 

[OldAgePensioner]

As of Dec 31:
Dow $9300
S&P500 $1080
Nasdaq $880
Gold ETF (GLD) $52
Fed Funds Rate 5.5%
Gallon Reg Gas - Nat Ave $3.80

 

[windsurf]

Dow  11,300
Fed funds 5.5%
Gasoline  2.90 gal.
Bush's rating 12%

 

[Daneboy]

As of Dec 31:

Dow 9,200
S&P500 1,050
Nasdaq 1,710
Gold ETF (GLD) 80.25
Fed Funds Rate 6.0%
Gallon Reg Gas - Nat Ave $3.40
Bush Rating In the Toilet

 

[starboardtack]

As of Dec 31:
Dow:                                      8800
S&P500:                                   970
Nasdaq:                                   750
Gold ETF (GLD):                          91
Fed Funds Rate                            5.5%
Gallon Reg Gas - Nat Ave $             3.90

Hindsight:                              Priceless

 

[PJ03]

As of Dec 31:
Dow 11480
S&P500 1400
Nasdaq 2300
Gold ETF (GLD) 48.00
Fed Funds Rate 5.25
Gallon Reg Gas - Nat Ave $2.80

 

[Gonzo]

As of Dec 31:
Dow                11215
SPX                   1366
Nasdaq             2509
GLD                      63
Fed Rate            5.50
Gal Reg Gas       2.50

 

[dmpi]

As of Dec 31:
Dow                                      12000
S&P500                                  1346
Nasdaq                                    2300
Gold ETF (GLD)                        42.00
Fed Funds Rate                         5.25
Gallon Reg Gas - Nat Ave           $2.75

 

[Alex]

I hate to be insensitive but, Who cares?
Really, I am not concerned with short term results.....

 

[cute fuzzy bunny]

As of Dec 31:
Dow: 11
S&P500: 6
Nasdaq: 15
Gold ETF (GLD): 1.29
Fed Funds Rate 18%
Gallon Reg Gas - Nat Ave .89c

Hey, someones gotta go contrarian and screw up the averages and the bell curve...

 

[Daneboy]

My oh my a few fed govs get together for tea, say a few words and all of a sudden there is an explosion of buying!

 

[d]

it's always a treat ... the markets have been wringing their hands over the prospective rate increase, it comes, and the market goes up. go figure.

 

[Mwsinron]

I think the main reason was the fed did something the market expected. Had they raised to .5 I dont think it would have been so pretty.

 

[AltaRed]

Which means the Fed can probably rinse and repeat another few times before the market tires of this dance.

 

[d]

the fed did something the market expected

there's something perverse going on.  as indicated by fed.funds.futures, the markets clearly expected today's move, and as such it should have had no discernable effect.  there might, however, be some "relief" being expressed that the fed did act as expected. (but had there been wide-held suspicions otherwise, the expected would not have been expected. )  we were previously told that today's move would depend on the data; we are told once again that future moves would depend on the data; we're all looking at the same data; where's the surprise?

 

[HFWR]

I think the "market" is anxious for many reasons, but as it pertains to the FRB, it probably think rates will go too high, and stifle growth; i.e recession...

 

[audreyh1]

It's called short covering! There was too much (near term) pessimism out there.

Audrey

 

[Daneboy]

Audrey - That's right the shorts are covering plus there's a hecka lota cash on the sidelines...
Tomorrow will be interesting .

 

[Mwsinron]

Guess the bottom line is long term who cares. Eventually the market will always go up. And if it doesnt that means something really terrible has happened in the world and you have more things to worry about that your money

 

[AltaRed]

Audrey - That's right the shorts are covering plus there's a hecka lota cash on the sidelines...
Tomorrow will be interesting .

How so? What has changed?

 

[dmpi]

As of Dec 31:
Dow 12000
S&P500 1346
Nasdaq 2300
Gold ETF (GLD) 42.00
Fed Funds Rate 5.25
Gallon Reg Gas - Nat Ave $2.75

Well guys... Our answers are in for 2006.
I really thought gold would sell off, but gas sold off instead.

Dow 12463.15
S&P500 1418.30
Nasdaq 2415.29
Gold ETF (GLD) 63.00
Fed Funds Rate 5.25
Gallon Reg Gas - Nat Ave $2.341

 

[grumpy]

Looks like everyone who posted predictions underestimated the gains of the major indexes.

Grumpy