October 28, 2009This Time Folks, It Is Very DifferentDoug Kass, TheStreet.com | ||||||
This blog post originally appeared on RealMoney Silver on Oct. 28 at 10:06 a.m. EDT. Here is the tape of the segment. Melissa started by referencing my generational bottom call back in March and asked where do we go from here? I said that I am sticking to the call. I don't believe that we will see 666 on the S&P 500 again in our lifetime or certainly not before Karen Finerman's two sets of twins give her grandchildren! We have achieved my precise S&P March objective of 1,050-1,070, which seemed an insanely ambitious target back then. (Not surprisingly, we recently overshot that target to the upside last week.) That said, I mentioned that I have gotten progressively more bearish in recent months. That view has been premature. So few people admit to being wrong, especially...TAGGED: Doug Kass, stocks RECOMMENDED ARTICLES
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