S&P 500 analysis for last 10 years........

Many technicians like Robert Prechter & Carter Worth would like to give the impression "based on their "technical analysis"that S&P 500 is ready to collapse......this conclusion was reached back in July 09.....

Also Fundamental analyst like Doug Kass also predicted back in July that 1,000 in S&P 500 is TOP for this market...ever since he has been using metaphors like "market is whistling past its graveyard"

Bad Trader Guy Adami has been predicting S&P 500 to go to 905.....since July 09

Economist David Rosenberg has been calling for S&P 500 to go to below 800 since July 09.....

I have NO idea what these so called EXPERTS saw back in July that they put BEARISH bets in market....obviously they have lost their shirt with this bet over & over.......

Since it is SIX months when all pundits bombarded CNBC with their FLAWED thesis over & over & PRETENDING that they have been RIGHT in their prediction.....based NOT on FACTS but FICTION???

S&P 500 history is very interesting IF we care to analyze last 10 years.......

Last Friday we closed @ 1105.98...which we will keep as a reference point.....

Oct 19th 09... we closed @ 1101.36 ..6 weeks ago

Sep 8th 08 we close @ 1100..15 months ago

So..in the last 15 months ..we have gone nowhere fast.....

Back in Aug 2000 S&P 500 was @ 1517.68.......so in 9 years & 3 months we are Down 411.70 points ...

Dec 2004 S&P 500 was @ 1211.92..so in last 5 years we are Down 105.94 points

S&P 500 reached its peak in Oct 07 @ 1549.38...so in the last 26 months we are Down 443.40 points or Down 40.09%.......

Once you analyze S&P 500 in historical terms..you get a much clearer picture as to where we ARE & where we could POSSIBLY go.....

CNBC has shaken the confidence of many by allowing one way ,unchecked DISTORTION of facts by anyone who cares to express their OPINIONS.....no Challenging of FACTS....

This is a very strong bull market and it IS on its way to new HIGHS in due course.....which MAY take another 24 months to achieve that......

Can you imagine...how much we fought on its way down.....which WAS a once in a lifetime event...credit meltdown......

BUT...we are almost in disbelief & panicky on our way UP?????

Strategy should be ....to BE in the market in a DIVERSIFIED portfolio & let it RIDE UP for next 2 years......

BUT...CNBC has JOLTED some of your thesis by barrage of buy & sell on many of your stocks which has NOT panned out......

CNBC is NOT the way to go when it comes to your hard earned money...do your OWN homework & TRY to understand markets as to HOW they work.....

Learning about markets IS a lifelong objective..so keep @ it..then you will KNOW that what they do NOT talk about on CNBC is going UP the-most......

Sector rotation is going on in markets..but CNBC is still stuck with AAPL & GS as IF there is no other stocks to make money with ?????

Now.... you know WHY ....I do NOT have CNBC in my TV lineup...it offers NO value & it takes your FOCUS away from knowledge based investing/trading to GAMBLING...means "tip of the moment".....

I am sure.... you get my personal view about your OWN due diligence & NOT being "spoon fed by anyone"

Market TAPE is very strong & sector rotation is happening @ a furious pace.....but the question IS ......are you looking @ overall TAPE or just few of the beaten down ideas?????

Here is my $ allocation as of Friday's close :

TSL 30.92%..Solar fully integrated
AAPL 23.44% Tech/Smartphone/PC
EXPE 13.64% Travel wholesaler
SOLF 11.46% Solar fully integrated
MRVL 10.95% Tech/smartphone/PC chip supplier
POT 9.59% AG/Potash

Based on TAPE..I am overweight in Solar & Tech......but still diversified in many sectors !!!!

Good luck with your OWN homework & due diligence.

BLOG does NOT give buy or sell.

Saleem