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Jbay76 (< 20)

Where do you use the S&P by years end?

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January 13, 2011 – Comments (3) | RELATED TICKERS: RTH

So, I began to ask myself how will the S&P do this year and realized that I have no clue.  So I thought I would ask the question to teh Fool community.

 

So how about it Fools, where do you think the S&P will be by years end? 

3 Comments – Post Your Own

#1) On January 13, 2011 at 1:31 PM, davejh23 (< 20) wrote:

In nominal terms, or in real terms?  Depending on the strength/weakness of the dollar, it could go either way in nominal terms.  In real terms, I think we end 2011 down 20%.  The unemployment picture isn't improving, and I believe this will put a drag on consumer spending this year.  In addition, I believe a GDP favorable "inventory effect" will be reversed, putting an additional drag on GDP growth...GDP reports for the second half will miss recently raised estimates by a mile.  Also, we've seen some recent reports from food producers that margin compression is real and will be a significant problem going forward...I believe this will show across industries and FY'11 S&P EPS estimates will be missed by a wide margin.  I'll say the S&P closes at 1,030.

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#2) On January 13, 2011 at 1:38 PM, Jbay76 (< 20) wrote:

Good point.  So, for all intensive purposes, lets talk about nominal growth or declien in growth of the S&P.

Thanks Davejh23 

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#3) On January 13, 2011 at 4:04 PM, MyDonkey (< 20) wrote:

Thanks for the laugh, Jbay. For all intents and purposes.

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