Poll: It's Pretty Obvious That....

It's Pretty Obvious That....

  • Stock's Are Going Lower

    Votes: 40 67.8%
  • A Bottom Is Being Formed

    Votes: 19 32.2%

  • Total voters
    59
  • Poll closed .
Major US indices will be about 40% higher at the end of 2008. I am basing this on the S&P projected earnings of $101.24 and the current 10yr bond yield.
 
So easily gulled.
Four days into the year, and everyone figures it's doom & gloom from here on out.
Fighting a lowering Fed in an election year, especially given the Chairman was hired by the guy in the Oval Office, is beyond suicidal.
 
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