What will SPX do next year?
Be up 10% or more
|
3
(20%)
|
Be up less then 10%
|
8
(53%)
|
Be down less then 10%
|
0
(0%)
|
Be down more then 10%
|
4
(26%)
|
So we have 73% bulls for next year. I find it interesting that nobody expects a small decline. Either we are positive or we have a big decline according to expectations. I think this is probably correct. With the Rusell2000 having a bubble valuation the overall bubble keeps expanding next year or pops. A pop will very likely lead to a bigger then 10% decline in SPX in 2014.
Bob
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