Goodbye 2011

We are starting 2012 on a postive note, and i have spent a good chunk of my holidays into further research on the potential of  2012.  I covered numerous topics including  fundamental  valuation of  s&p 500, institutional expectations, potential risk factors including bank and soverign debt levels, etc.  I hope to put all this together as an article for next weekend.  Meanwhile, here is a chart covering my forecasts during 2011.   We can be happy,  when we consider that big hedge fund managers like John Paulson  lost over 50%  of  their portfolio.  spx itself has gone nowhere during 2011, but the high volatility is a godsend for  traders, and offered tremendous returns for the smart trader.

I wish all my readers a successful  trading year ahead, in 2012.