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Friday, December 27, 2013

2014 SPX poll result

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.



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