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After bullish comments from David Tepper on CNBC Friday morning that seemed to singlehandedly drive the S&P 500 to its best levels in four months, Bob Prechter tried to score one for the bears on Monday when he made comments suggesting that the Dow would sink to below 1,000. The key word here is tried. While today's comments from Prechter coincided with a late afternoon sell off in the S&P 500, the bears will need some more firepower to erase Friday's rally. Will some of the more notable bears like Rosenberg, Roubini, or Whitney step up to the plate? Or will they just make like the Mets and call it a season?
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Rosenberg did have a response, guess you missed the memo.
Do you really believe Tepper moved the market? Can you spell POMO?
When the (sic) Dow will fall to 1,000? Or the S&P 500?
Sgtredbluered: it was actually the Dow he was talking about.delta: yes I do think tepper moved the market. The futures moved roughly 1% as he was speaking (as crazy as that sounds)John I did see rosenberg's response in his notes but I was referring to one of the bears coming out on a national TV network.
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