put out a target of 1440 for the S&P--by June of 2010, and at that time, I heard the catcalls from my bearish friends in hedge fund land. I also said we would be up 7% in January. And that prediction was made on November 11.
Well, we now have a week under our belt, and the S&P was up 2.4% last week. Maybe the smug bears, have just a wee bit more doubt? And 7% for January? How does that number look? Attainable my friends?
Yes, Goldman Sachs--they are now getting into the upmarket pimp game! They probably figured if they can't beat them, they might as well join 'em!
To wit, their latest research, but I'll highlight just one bit, while you can read the rest:
"We didn't get much push back on our view that the S&P 500 would trade towards 1300 during the first part of 2010."
Goldman--getting on board the 1440 train? Sure looks like it! And I'm only advertising it, because its going to happen.
After all, didn't I advertise this last year?
How about bears? Is that all you got?
I'll advertise it before it happens again!! USA Tomorrow Today!
Goldman Sachs Research: Portfolio Strategy: Best Ideas for 2010