October 28, 2009

This Time Folks, It Is Very Different

Doug Kass, TheStreet.com

Send to a Friend

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...
Read Full Article ››

TAGGED: Doug Kass, stocks

RECOMMENDED ARTICLES

October 27, 2009
Earnings Likely To Trend Lower, Pressure Stocks
Doug Kass, TheStreet
This blog post originally appeared on RealMoney Silver on Oct. 27 at 7:27 a.m. EDT. Underpromising and overdelivering is the oldest game in the investor relations handbook, as earnings expectations are often cagily crafted by... more ››
October 21, 2009
The Racket That Is Earnings Season
Doug Kass, TheStreet.com
This blog post originally appeared on RealMoney Silver on Oct. 21 at 8:45 a.m. EDT. What is often being ignored is how orchestrated earnings season has become, not only that the beats are from lowered and depressed guidance... more ››
October 15, 2009
Dow 10,000: A Milestone on the Road to Recovery
Los Angeles Times
October 15, 2009
Smart Money: Sitting Out The Rally
Katie Benner, Fortune
October 15, 2009
Many Small Investors Have Sat Out Rally
Washington Post