Challenge to ALSTRY, GoldMiningXpert and GoodVibe
Ok, let's make this ineteresting. According to a few bloggers, the sky is falling and we are going to fall to sub 700 on the S&P500 index. According to a post of mine, (when the S&P500 was around 855), this rally will last to 950 -1000 before correcting a little, or trading sideways (or maybe even hit a bit higher). I have based this on a wide variety of opinions, stats (within an historical context) and some common sence to boot.
So who is right? How about this for a challenge. If the S&P500 hits my 950 mark within 4 weeks (up more than 10% from time of post), the three named doomsdayers are not allowed to blog (freeing us from ill-founded, negative vibes) for 4 weeks. Conversely if we even fall back to only 800 before hitting this mark in that 4 weeks (only 5% down from time of post) I will not blog here for 6 months. If neither target is reached, we'll call a stale-mate.
Please rec if you would like to see this happen!!