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)