My S&P-500

S&P , my extreme treasured indices of globe ! Sometime its prohibitive to affirm when pragmatic product stop following our command. In stock market, its my rule of thumbs, when a indices becomes apathetic in approaching positively towards the bank balance that inspires me to trade aggressively more than previous. In case of S&P-500, after a weak start of 2011 in my trading sheet, S&P ignited towards the reform & some momentous displacement. Though, majority of analyst are indicating beyond 1400 as yearly target of S&P makes me disharmonize with them. Very simple & obvious reason behind this is I’m a strong upholder of “history never makes replica” hence this target of 1400 looks obvious weaken when recently this indices has done its trading around 1300. If global economist, analyst & fund managers believe in strong reform of USA economy in FY-11, then they should conceive beyond 1500 as the upside target of S&P. Major shifting of green papers have took place from major asian market towards american market so far, after start of 2011 is a clear perceiving that S&P became first choice of fund managers. Most impressive words were delivered by my CFO in yesterdays meeting with fund managers was “past observation is good for a while on white paper, but present should visible in green balance sheet paper”