2010 Year End Market Level Poll

[shortie]

Bear market
Posted: December 9, 2010 - 5:42pm

ATTENTION GEORGIA lawmakers: What's wrong with this picture?

On Wednesday, state officials vastly overpaid for vacant land in middle Georgia to provide a safe habitat for endangered bears."
http://savannahnow.com/opinion/2010-12-09/bear-market

It's About TIME!

 

[shortie]

so far the consensus suggests ~126 EOD SPY

this is actually very close to the prediction based on market historical performance in the last three weeks of the year. which puts it ~127

http://quantifiableedges.blogspot.com/2010/12/most-wonderful-tiiiime-of-yearrrrrr.html

 

[EMRGLOBAL]

Santa Rally is in! Everyone to pile into the Market as the bell rings and they sing 'Ding Dong The Witch Is Dead".

The financial crises is over!:eek:

 

[shortie]

Quote from EMRGLOBAL:

...

The financial crises is over!:eek:

it certainly looks like that. the market can't even drop properly before major buying pushes back up like today.

 

[shortie]

The current equity bubble we are seeing, which is nothing short of government-sponsored market manipulation on the part of the Federal Reserve, now has retail schmucks believing that stocks will rise forever... just as they did with the Internet bubble pyramid scheme, the real estate bubble pyramid scheme and now the Bernanke QE pyramid scheme. This is always the top of the pyramid, and where the greatest retail losses occur.

Retailers may again push equity prices to even greater levels, and this can go on for long periods of time. The experts that warn of economic peril are ridiculed, only to be proven right in the end. Caveat Emptor!
http://seekingalpha.com/article/241809-the-great-bull-market-pyramid-scheme-continues

 

[shortie]

Corporate insiders have been ramping up their selling over the past several weeks. But when Mark Hulbert wrote about insider activity previously, he believed that it was possible that the rate of insider selling had not yet reached a threshold of bearish significance.

Unfortunately, Hulbert reports that this bearish threshold has now been breached. Of course, Hulbert allows that this does not necessarily mean that the market is about to head down, but that it could portend an eventual reversal of the market’s trend.....

http://www.marketwatch.com/story/in...he-mega-trend-2010-12-15?reflink=MW_news_stmp

 

[shortie]

SPY by 2010 Year End

112 1 2.70%
114 0 0%
116 1 2.70%
118 0 0%
120 7 18.92%
122 2 5.41%
124 2 5.41%
126 8 21.62%
128 4 10.81%
130 6 16.22%
132 6 16.22%
Total: 37 votes 100%

USD's next move, please vote
Up or Down?
Up towards 88 zone 30 62.50%
Down towards 71 zone 18 37.50%
Total: 48 votes 100%
http://www.elitetrader.com/vb/showthread.php?s=&threadid=211991

These are strange times. People vote bullish on the market and bullish on USD. Isn't the dollar inversely correlated with the equities? If the majority is wrong, are they wrong about both USD and the equities?

 

[Larson]

Quote from S2007S:

Is there ever a time in history when a huge bank or well known analyst like cohen made a call to the downside?

It seems no matter what they are constantly calling for a bull market, even when the markets were at historical highs there were still market "pros" calling fir higher markets.

I bet if the spx ran to 1450 by mid half 2011 forecasters would revise their predictions for 1550 or even 1700 by the end of 2011. They don't have the courage to say the word sell!!!!!

2011 seems to be the year of more risk free returns, time to literally mortgage the house and max out credit cards and just drop every dime you have into the market.

Look for more gains tomorr


S&P FUT
1234.2 _ 5.5 +0.45%
DOW FUT
11416.0 _ 48.0 +0.42%
NAS FUT
2209.0 _ 8.5 +0.39%
OIL
88.93 _ 0.65 +0.74%

There was one in recent memory. The Royal Bank of Scotland in early summer 2008.

AJ Cohen works for GS, so why would you listen to anything she spits out? A bull call from her is a bad omen.