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Another bear gets carried out, as the S&P's close over 1450 has Bob Janjuah backing off his...
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Monday, September 24, 2012, 3:01 PM ETAnother 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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Bubble ...............No
Only speaking for myself here, but I wouldn't let this bonehead ANYWHERE NEAR my money.
http://bit.ly/SiTBNa