Wednesday, February 3, 2010

Breakfast with Dave

Rosenberg's latest.

He gives us 10 reasons why it's different, and why the market should be moving down.

Here's one of his beauties. He said that a year ago, the S&P 500 was undervalued by 18%. Wait---why didn't he then, tip stocks?

Ohhh that's right. He said the S&P was going down to 500, and we would be trading at hat size PE's!

He's always a good read though!

Breakfast With Dave February 3, 2010 (David Rosenberg)                                                     

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