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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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March Close Guess Results

Flack
in Fund Discussions
The S&P500 close for February was 2713.83
The S&P500 close for March was 2640.87
A drop of 72.96 points

Those who guessed the March close would be LOWER -
Hank
jlev
Ted
Congratulations!

Then there’s the losers – those who guessed that the March
close would be higher -
Bud
Flack
Old Skeet
(MJG - “in the long term”)

Interestingly, the S&P crossed the 50-day moving average seven times
in the past two months. It also fell to the 200-day moving average
twice but rebounded.

Comments

  • jlev
    What did i win?
  • Flack
    You didn't win anything unless you were short the market.
    Well, I guess you did win some respect from your fellow investors
    and you can gloat for a month.
    The question is - can you guess right more than once?
    Have a good weekend.
    Flack

  • TedTed
    @MFO Members: April will be up !
    Regards,
    Ted:)
  • Flack
    Ted, you were right about the March close so I'll go along with you...
    April close will be higher than March close.
  • icyoneicyone
    Guess??
    Predict! Let's have some class here!
  • VintageFreakVintageFreak
    April will be down. Gold will be up.
  • Flack
    icyone,
    Go ahead, predict.
  • jlev
    Same guess.
  • MikeMMikeM
    Isn't April historically one of the better months of the year?

    I'll play. I think the market will continue to tread water but will be down slightly at the end of April. But this year, go away in May. I think it will be down 10-15% by end of August.
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