Todd Harrison of Minyanville.com is one of the handful of deadly accurate “guru’s” who actually practice what they preach. If you can deal with his verbal diahrea and pessimistic vibe, you will get some excellent ideas. In any case, Toddo is short-term bearish, sees the market for 2009 as “W”-shaped, and we are now sliding down to the right side of the W. We’re assuming he expects stocks to bottom over next 6 months. This plays into the theory of the market taking investors through the path of “maximum frustration”. Sounds about right to us.
The Big Picture
“Green Shoots” Turning Yellow
Doug Kass says economic turmoil will continue for quite a while. Causing maximum frustration for investors. […]
The Big Picture
Steve Leuthold Sees 30% Upside in S&P 500; Favors Tech, Gold, Large-Caps
Steve Leuthold, whose Grizzly Short Fund was up 74% in 2008, says S&P 500 will surge to 1,100 […]
The Big Picture
Marc Faber “Sell Your Stocks and Get Drunk in 2010”
Marc Faber says S&P 500 likely to drop in 2010; years ending in “0” and mid-term election years generally are negative for stocks. […]