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Alex

Vote To See Average Forecast: S&P-500 for July 6 - 10

Please join us to build a collective forecast. Since we all here do a good job of predicting, we could benefit from building a simple average forecast (up, down, or sideways) for the next week. Vote and see the result - link to poll . If you use more than one method for prediction, it could be reasonable to give one vote for each method. "Sideways" is defined as a change within 1%.

Tags: forecast, july, s&p-500

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Alex Comment by Alex on July 6, 2009 at 4:06am
Richard, below the results of the poll and the actual market change from the previous two weeks:

Predicted                Percentage voted   Actual              Voters
period                   Up Down Sideways   performance, %      number

Jun 22 - 26, 2009 26 52 23 -0.25 31
Jun 29 - Jul 3, 2009 19 38 43 -2.45 21

PT Comment by PT on July 4, 2009 at 8:40pm
873 spx
Richard (permabear) Comment by Richard (permabear) on July 4, 2009 at 8:36pm
dont see us falling too far as opex expiry is only 10 trading days away and most stocks are in the pocket now. have to favour a bit lower from here and agree with Idan's bounce at 880ish ... see my chart in photos. Alex, if you could post the results of the poll and the actual market change from the previous week,,, that'd be nice.

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