i'm going to go against the grain here, and say the S&P ends the year under 1249. I give this a greater probability of happening than 1280 and over. the above poll has 45 vs 20 people disagreeing with me (70%)
and here we go. Acronym 1118 Sportmatt37 1199 Topsurfi 1207 Macroevent 1228 Lilduckling 1232.66 Rubberbird 1241 Chitownecho 1269 Reno4nook 1278 Chiguy 1282.34 Keafan 1292.06 RNRband 1292.75 Bitstream 1297 Spelunk 1304 Restricted 1308 Thewoodcutter 1310 Charlie Dow 1322.57 Drmarkan 1330 2manywhiners 1335.37 Nox 1337
What would be interesting to see now is of all the people listed...where does the bulk of expirience lean to.... towards 1200 or 1300??
S&P Ends at 1177.25 for the year. --------------------------------------- (Thinking Rally/sideways-up now through mid-december then down hard into EOY)
Forget opinions: In some book i read, was it Bill Simon former SEC of Treasury, that said to his traders at an employers Bond trading desk; "Look you guys, Don't get intellectual with these markets, JUST TRADE THEM" If you guys were not bond traders, you would be truck drivers......So, do your job and just trade this stuff.......
Using a quite complicated theory involving a chart sunflower seeds and my psychic parrot named Willie... he has advised me that the S&P will close at ~ 1312 ~ on Friday December 30th. He was quite explicit leaving a distinctive V shaped cut on the chart. Interested parties can email for a kit which includes a blank graph and 30 seeds along with my proprietary system. You will of course have to provide your own parrot.