2010 Year End Market Level Poll

SPY by 2010 Year End

  • 112

    Votes: 1 2.7%

  • 114

    Votes: 0 0.0%

  • 116

    Votes: 1 2.7%

  • 118

    Votes: 0 0.0%

  • 120

    Votes: 7 18.9%

  • 122

    Votes: 2 5.4%

  • 124

    Votes: 2 5.4%

  • 126

    Votes: 8 21.6%

  • 128

    Votes: 4 10.8%

  • 130

    Votes: 6 16.2%

  • 132

    Votes: 6 16.2%
  • Total voters
    37
  • Poll closed .
Interesting! First 5 Thread Titles in the Trading section:

Seeing Tops all over the place
The Top is Now In...
The Top is In !
We have topped...
Poll: Will the S&P go to 1000 or 1200 ?
Exact Science
Poll: Weekly Poll: Are Korean Nuisance and Wkileaks Priced in?
Poll: Is S&P forming intermediate term double top?
the holy grail
Poll: 2010 Year End Market Level Poll
Dow TOP call - 10yr top formation done


:D
 
Quote from shortie:

The market is getting close to touching Abby Cohen's target from June 2010. She is a raging bull so her call should be the upper limit of what's attainable this year.

"We see a range of 1250 to 1300 [in the S&P 500 in 2010]"
http://online.barrons.com/article/SB126402632143232263.html
More...

found the most recent quote from Cohen from ~Nov 30:
"Talking about the US market, Cohen said that there is still a long way to go. “The fair value for the S&P 500 over the next six months is seen at 1,350. There is, in fact, room for additional price appreciation in the markets there.”"
http://www.moneycontrol.com/news/fii-view/room-for-more-price-appreciationus-mkt-goldman_502325.html

that makes some of ET predictors in this poll even more bullish than Abby :eek:
 
now that the market appears reluctant to make a crazy run-up into the new year, do any of the perma-bulls here change their tune?
 
Goldman Sachs slapped a 2011 year-end price target of 1450 on the S&P 500, that’s up some 19% from the broad index’s close of 1221.53 on Thursday.

Bank of America Merrill Lynch, where analysts see the S&P 500 ending next year at 1400, or up 15% from Thursday’s close.

at UBS, analysts pegged their year-end 2011 target for the S&P at 1325, or 8.5% higher than Thursday’s close

http://blogs.wsj.com/marketbeat/2010/12/02/goldman-bank-of-america-ubs-heres-where-stocks-go-in-11/
 
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 tomorrow.


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%
 
the higher the number of bulls the more likely the crash. keep on buying, keep on buying...

"Market analyst Elaine Garzarelli, who famously hedged her portfolio before the ‘Black Monday’ market crash in 1987, sees a long lasting bull market that could drive the S&P 500 up more than 25 percent from here as the positive effects of the Federal Reserve’s second round of accommodative monetary policy take hold."

http://www.cnbc.com/id/40578145
 
You must log in or register to reply here.
Back
Top