Wednesday, September 16, 2009

Take the Polls

There are two polls to the right. The first asks how high the market is going before correcting within the next three months. The second asks how bad the correction will be, again assuming it happens within the next three months.

If you think the rally will last into next year without an important pullback, choose 1200 or more and just a few percent dip.

4 comments:

Ramu said...

Mike, Is this a test of investor optimism? Let me give you another interesting one that I have observed. The number of blogs you write every month decreased into feb. The market bottomed in march. Same is happening now. May be September end or october first week is the market top?

Quick Takes Pro said...

Sorry, doing a free blog is directly proportional to what else I have going on in my life.

jpmist said...

I wanna go on record so as to publically humilate myself from ever trying to guess the market again.

Up to 1150, down a few percent in mid Oct. Then all hell breaks loose on the upside.

We're in the 1st quarter of a 3 quarter rally back up to 1550. The similarities of the S&P 500 chart from 2002 - 2003 is just too hard to ignore. . .

As for a sentiment indicator, almost every market and economy blogger I read is pissed off that the market is rallying inexplicably. At some point soon they're gonna throw in the towel. . .

Quick Takes Pro said...

jpmist,

You are now better than most of Wall Street - you have an opinion!