New Goldman's Target 1250. Wrong Again??

Discussion in 'Trading' started by shortie, Sep 16, 2011.

Your Best Guess for SPX @ Year End?

  1. Higher than 1400

    3 vote(s)
  2. 1400 (upper boundary based on VIX)

    1 vote(s)
  3. 1300

    7 vote(s)
  4. 1250 (Goldman's official forecast)

    2 vote(s)
  5. 1150 (Goldman's uncertaity based model)

    4 vote(s)
  6. 1100

    3 vote(s)
  7. 1000 (lower boundary based on VIX)

    2 vote(s)
  8. Lower than 1000

    5 vote(s)
  1. Aug 31 2011. Abby Joseph Cohen reiterated her forecast for the Standard & Poor's 500 reaching 1450.

    the market was around the current level. is this similar to 2008, when she plainly refused to acknowledge the bear market?
  2. Lucrum


    How about a stubby poll on what the weather will be like at year end?
    It would be about as useful.
  3. There are a-holes who, instead of checking who is sleeping with their wives, are trying to give hard time to good fellows on ET such as the renowned ET member Shortie.
  4. oil is lagging spy during the current up-move

  5. GS doesnt know the future any better than you.

    The reason they make so much money is not because of their predictive skills.

  6. Lucrum


    Pointing out cold harsh reality is giving someone a hard time?

    Man the fuck up TJ.
  7. baro-san


    Arguably oil is leading spy.

    <img src=>
  8. baro-san


  9. probably as the consequence of high VIX, the predictions in the press are all over the place. it is very easy to find -20% targets.

    "Rising risk aversion, a surging U.S. dollar, historical seasonal weakness and a climb in bonds could send the S&P 500 down as much as 21 percent from Friday’s close, according to Mary Ann Bartels, Bank of America Merrill Lynch’s technical research analyst.

    The 2-year Treasury yield could drop to zero, Bartels added.

    “There is still a chance that 1100-1020 holds, but the risk is now higher, or a 50 percent probability, that the S&P [.SPX 1216.01 6.90 (+0.57%) ] tests 985 – 910,” wrote Bartels, who is often chosen among the top chart analysts in an annual survey by "Institutional Investor" magazine. “September historically is the worst performing month in the year, while October traditionally marks important market bottoms.”"
    #10     Sep 17, 2011