Goldman predicts 1500 SPX in 2011

Discussion in 'Wall St. News' started by atticus, Jan 12, 2011.

  1. Call courtesy of Jan Hatzius, chief economist. It will be fun to revisit this call in one year. Insanity.
  2. I would say it's quite modest projection

    S&P already up 250 points in 4 months

    QE2 is just 2.5 months old
    5.5 months left

    It can very easily can reach 2000 by the summer
  3. When and where was the call made, please? Any link?

  4. 1) 1500? February or December? :D
    2) Will you hedge that with some GS-December-Par-puts? :confused:
  5. candles


    We should see a fair bit higher than that.

    1650 minimum this year.
  6. S2007S


    They raised their prediction from 1450 to 1500....

    Look at this way, remember when the SPX rallied to to new highs in 2007 and everyone was predicting 1600, 1700 etc etc etc, well no one was predicting anything below 1000 and guess what, it collapsed. Let them have all the fun they want predicting 1400,1500,1600 and even 2000, it might even get there in the next 12-18 months, but when the next collapse comes for the market and stocks (because it always does) you will be able to buy back the SPX under 1000 again, this is a guarantee not an opinion. Everyone thinks its just going to be party time, its reminds me of 2007 all over again, no one has a clue how quick this market can sell off, anything could happen where the market could sink 25-40% in a matter of months, let them hype it up and now and play the game but everyone knows these rallies dont last forever. They never do.
  7. stay short i'll be laughing all the way to the bank
  8. An itsy-bitsy, teeny-tiny bank? :confused:
  9. #10     Jan 12, 2011