I say S&P500 will end around....1283.83
Quote from satchel:
From http://www.safehaven.com/article-4342.htm
A Banana Peel Market - Are You Listening?
"In spite of the selling on Monday of this past week, the CPC and VIX sentiment gauges have moved to very bullish extremes of greed. Does everyone expect the expected? Of course we will have a post-Christmas rally. It's a slam-dunk sure thing, right? That seems to be the bet that the market has been buying into since Tuesday."
"From a contrarian view, both VIX and CPC are closer to sell signal extremes than they are to buy signal extremes. Expect the unexpected when everyone is singing the same tune. And it sounds like "Jingle Bells" this time of year."
$NASI!
http://www.safehaven.com/images/miller/4342_h.gif
Vix!
http://www.safehaven.com/images/miller/4342_b.gif
Personally, selling right out of the gate next week would not amaze me![]()
Get Short!Quote from rubberbird:
I can now say with virtual certainty, with the S&P currently @ 1258, and looking at above poll, the S&P will end the year between 1201-1249 choice #2
Quote from Mo06:
I can see what you are saying, but I don't think the active members of an obscure trading board can really be regarded as 'the masses'.


Quote from Mo06:
I can see what you are saying, but I don't think the active members of an obscure trading board can really be regarded as 'the masses'.