Wednesday, September 8, 2010

"IS A HEAD AND SHOULDERS BOTTOM FORMING IN STOCK?" as "Year-End Consensus S&P 500 Price Target Drops to 1,205"

First up Bespoke Investment Group:
... Have a look below at all the changes that have been made to the target throughout the year.  It's bad enough to try to predict where the market will be a year from now, and now they have to go changing them all the time?

Here's the chart, go to StockCharts ChartWatchers blog for the verbiage:

20100902002-sc