Fair enough. The sample size is not small, actually just fine, to render a contrarian view. As far as the 2nd part, I would say "or not". Still, never seen 70% on ET be correct.
I actually believe the S&P will mildly rally through the end of 2011. But the results of this damn poll has me re-thinking that. I highly doubt 70% in an ET poll can be correct. But I also believe there's a small eoy rally coming on very low volume while everyone's away. It'll be interesting...
Hey I hope you are right satchel. Two weeks to go, very light trading with holidays. I hope it can get up to 1250-1270. The higher it ends the year the better. But 2012 will be a disaster like 2008. So it's got 2 weeks to get up there to the peak of the mountain before plummeting to the bottom of the hill. answer to question b, you didn't put a "?", so you probably know.
at this point, even though i called for the S&P to end higher than 1224 also, I want to congratulate the 70% who got it right. This is a rare instance of the majority having it correct.
I still maintain that this (the 200DMA) is more important. 1224, what's that all about? Meaningless. Transports triple top failure at 5050. Until this is taken out it's a sell on rallies IMO.