Here is a collection of some interesting projections for the market. A note of interest is none of them call for a sideways market. Take from it what you will:
“Looking at this chart you could argue for a full retracement rally from the September high.”
“My expectation at this stage is that we keep dropping and eventually breach the 741.02 low on the SPX. Until we see a counter move that questions the current downtrend we remain delta negative and hope to ride this bear all the way to the bottom.”
“The Dow Jones Industrial Average fell 14 percent between Barack Obama’s election and Inauguration Day, the biggest decline ever. No other new president since the beginning of the last century produced gains or losses of 10 percent or more in the analogous periods.”
“If the index should decline over the next 12 months to a level comparable to previous major bottoms, it would fall to the vicinity of 425. “
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