S&P 500 Target 2013

I’ll go ahead and put my neck on the chopping block now.  I’ve never had a target before on the S&P 500 or Dow because I never saw much point in the exercise.  Unless you were trading in futures or a passive index investor, what’s the point, right?  I liked to think I am investing in companies and business prospects not broad unknowable market forces.  The last twelve months have been trying though.  It seems that the risk on risk off trade has been the place to be.  Most stock pickers have underperformed the market.  Why is that?  Even notable … Read more