Will the S&P make a new high in 2008?

Discussion in 'Trading' started by Cutten, Jan 29, 2008.

Will the S&P go above 1575 in 2008?

  1. Yes! Go long on full margin and enjoy the ride.

    5 vote(s)
    20.8%
  2. It's a reasonable chance but I wouldn't bet on it

    8 vote(s)
    33.3%
  3. No, it's very unlikely to happen

    6 vote(s)
    25.0%
  4. Ahahahahahahahaha - no way, are you nuts?

    5 vote(s)
    20.8%
  1. Cutten

    Cutten

    Are we likely to take out 1575 before the end of the year?
     
  2. Possible. Not sure if it's more likely than not as we're still in a downtrend IMO. Anybody who dogmatically rules out a change in trend shouldn't be trading.