What's Your Opinion on the Possibility of Market Correction Based on S&P500?

Discussion in 'Index Futures' started by Lawrence Chan, Jul 6, 2014.

What's your opinion of a market correction from now until end of 2014?

Poll closed Jul 13, 2014.
  1. Nothing more than 2% pullback is possible

    3 vote(s)
    23.1%
  2. 5% pullback is due

    3 vote(s)
    23.1%
  3. 10% pullback is due

    6 vote(s)
    46.2%
  4. 20% or more selloff in the card

    1 vote(s)
    7.7%
  1. A mid-year poll to see how the sentiment goes at ET.
     
  2. tom_czr

    tom_czr

    No sentiment for me... give me exact date and price of SPX and I will write my probability :)
    Or give me date na probability and I will write my estimated price(s) ... etc.
     
  3. tiddlywinks

    tiddlywinks

    I won't play the "opinion" stuff... my job everyday is to recognize and act upon real-time sentiment.

    What I will say is this... Thus far over this 4th of July weekend, the owner of my local smoke shop (yup, I'm a vaper) struck up a conversation with me (he knows I'm a trader) about putting money in the markets. Next a neighbor entertainer friend (who also knows I'm a trader and a vaper) asked me how and where to open a forex account. He's recently heard "things" about trading forex and the dollar. Both conversations seemed to have been sparked by rosy news stories and general peer-to-peer chatter.

    My guess (not opinion) is the taxidriver stock confessions and hairdresser investment recommendations are yet to come.
     
  4. eurusdzn

    eurusdzn

    First estimate GDP will be an anticipated media event and a +3 % print will take SP500 higher. The 2nd and final revisions dont matter.
    Release date Jul 30. Soon.
     
  5. dannyrose

    dannyrose