S&P below 1,000

Just a quick update on the bet I made with a friend of mine I hinted to a few blogs ago. I was giving the S&P 12 months to touch 1,000 (at the time I made the bet, the S&P was trading around 1,300), and it just touched it yesterday, closing at 996. I’ll collect my pizza when my friend comes back from the red sea. He works in finance, but every time there is something interesting going on, he is missing in vacation! Now the bet goes that the S&P will start with an 8 within 6 months.