Well, you are funny, but I'm never bothered by being wrong.Two things though:1) 2010 isn't over just yet, so don't count your chickens just yet.2) To be clear, I didn't say it would END 2010 above 12,000, just that it would HIT 12,000 BEFORE the end of the year...and while it is looking more and more like that may not happen, it DID get to 11,519, so that was only 481 points away or over 1000 point north of when I made the prediction, so while I will admit I'm wrong even if it gets to 11,999, it's not been too far off.
Silly Chilly Willy wrote:
What's that sound I'm hearing?? Oh its the sound of the final trading days of the year ticking away.....
Where's the Dow right now?? Oh its at 11,467.....
What was your prediction for the end of the year?? Oh 12,000, that's right.....
Guess you missed on that one, just like most of your predictions.....
Flagpole wrote:As far as what it means to me financially, I do not care how the market does in short bursts. As a point of interest though, I do find the market moves interesting, especially now as we have been coming out of a recession the last year and a half (it's indicative of our recovery). Also, I care more and more each day (which still isn't that much) about the short-term moves because I'm closer and closer to retirement...as soon as ~10.5 years from now and as long as ~15.5 years from now. As will you, when I'm closer to retirement, my portfolio will be more conservative then than it is now.