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
Quote from jj_:

Hmm, but it's a pretty small sample size, and you have no idea whether these traders are better-than-average, or not.

Fair enough.

The sample size is not small, actually just fine, to render a contrarian view. As far as the 2nd part, I would say "or not". Still, never seen 70% on ET be correct.
 
I actually believe the S&P will mildly rally through the end of 2011.

But the results of this damn poll has me re-thinking that.

I highly doubt 70% in an ET poll can be correct.

But I also believe there's a small eoy rally coming on very low volume while everyone's away.

It'll be interesting...
 
Quote from satchel:

a) Poll answer: YES, try 1320
b) where is rubberbird

Hey I hope you are right satchel. Two weeks to go, very light trading with holidays. I hope it can get up to 1250-1270.

The higher it ends the year the better. But 2012 will be a disaster like 2008. So it's got 2 weeks to get up there to the peak of the mountain before plummeting to the bottom of the hill.

answer to question b, you didn't put a "?", so you probably know.
 
Quote from volente_00:

C. how are the calls doing that rubberbird sold naked on friday ?
to which post are you referring to? i don't recall options mentioned on this thread.
 
at this point, even though i called for the S&P to end higher than 1224 also, I want to congratulate the 70% who got it right. This is a rare instance of the majority having it correct.
 
Quote from jj_:

I would've thought the more pertinent question to ask would be:

"Will the SP500 close above the 200DMA on the last trading day of the year?" [/B]

I still maintain that this (the 200DMA) is more important. 1224, what's that all about? Meaningless.

Transports triple top failure at 5050. Until this is taken out it's a sell on rallies IMO.
 
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