DOW prediction and other consipricy musings.

[Grieve]

Very difficult to know what the hell is going to happen in this environment. I thought the market was set for a big drop 3-4 weeks ago, and so bought a bunch of Apple puts as a hedge against my Apple position. Of course the market (and especially Apple) has only gone up since then. So they expired worthless last week.

My prediction is that the S&P will end the year up around 8% for the year, although what it will do on the way to that is anyone's guess.