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Missed It By *This* Much

TedTed
edited December 2013 in Fund Discussions
FYI: I predicted 1,826 for the year end S&P 500 close.
Regards,
Ted
http://rpseawright.wordpress.com/2013/12/10/missed-it-by-this-much/

Comments

  • Ya, I don't see any Santa Claus rally at all. It is taper, taper, taper, taper, which seems to preoccupy the Markets, currently.
  • beebee
    edited December 2013
    Congrats Ted...I think there is a bit ot tax loss (and gain) harvesting going on right now which will flush itself out throughout December. My feeling is that when new positions are re-established (Janurary) it will reignite certain segments, provide an opportunity for sector rotation and signal whether or not (commodities & miners) will continue their free fall.

    Also, were all of the very smart money people wrong (by such a wide margin) for the same reason? I'd like to ask all of them, "what did you miss?" and, "Will those same dynamics be a positive force going forward?".

    I doubt that all of these gurus will continue be wrong going forward.
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