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Another bear gets carried out, as the S&P's close over 1450 has Bob Janjuah backing off his...

  • Monday, September 24, 2012, 3:01 PM ET
    Another bear gets carried out, as the S&P's close over 1450 has Bob Janjuah backing off his call for stocks to lose maybe 25% of their value by year's end. Tactically neutral at the moment, Janjuah says risk assets are in a bubble, and a weekly close below 1450 might have him short again with the modest target of 800.
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This news story has 8 comments:

  • Risk assets are nowhere near a bubble. Most of the market gains have come from the conservative, dividend paying stocks. That call is absurd!
    24 Sep 2012, 03:05 PM Reply Like
  • The S&P to lose 45% of its value? Oogie. I love the SA sarcasm, a "modest" target of 800.
    24 Sep 2012, 03:14 PM Reply Like
  • Over-extended ... Maybe

    Bubble ...............No
    24 Sep 2012, 03:18 PM Reply Like
  • It's guys like this who have been predicting Dow 8000 since mid-2010. Has this idiot ever heard of running with a rally and then selling once the tide turns for a handy profit? Apparently not? Nice move genius. You just missed one of the greatest equity moves in the history of the planet.

    Only speaking for myself here, but I wouldn't let this bonehead ANYWHERE NEAR my money.
    24 Sep 2012, 03:20 PM Reply Like
  • How did he miss anything with a call made on Monday?
    25 Sep 2012, 06:26 PM Reply Like
  • It only helicopter Ben, with low interest. Where else can you put your money, real estate is bottom bouncing. Still good return.
    24 Sep 2012, 04:16 PM Reply Like
  • I closely monitor the TSX Index. Risk-on trades including metals, oils and Lifecos have done relatively nothing in the latest rally and are now turning over for the next near-term down leg. Take a look at the sad looking chart for the TSX Index. It gave up the excuse for a rally at 12,500

    http://bit.ly/SiTBNa
    24 Sep 2012, 06:32 PM Reply Like
  • To use a baseball term......a swing and a miss!
    24 Sep 2012, 07:04 PM Reply Like
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