S&P to end year higher than current 1224.6

S&P will close year higher than current 1224.6 level

  • Yes, the S&P will be higher than 1224.6 eoy

    Votes: 39 65.0%
  • The S&P will be lower than 1224.6 eoy

    Votes: 14 23.3%
  • not sure

    Votes: 7 11.7%

  • Total voters
    60
With all the "occupy" stuff gathering momentum, and the high current bearish sentiment, the market can only go up right now.

But I think the market will be down significantly in 2012.

But from the current S&P 1224.6 level, I see it ending 2011 a bit higher than current levels.
 
1280-1290 SPX.

So the bulls can say: "We had 3-4% gain for the year and that's better than a money market account. In addition, the market is still cheap. Moreover, even though growth looks sluggish and the headwinds of Euro zone financial woes do pose somewhat of a bleak outlook, well, that's already priced into the market".:cool:
 
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