Seeking Alpha
Thursday, January 7 2010  |  10:37 EDT  | 
DJIA (DIA) S&P 500 (SPY)
  • On My Portfolio
  • Dashboard
  • Market Currents
  • Articles
  • Transcripts
  • Instablogs
  • StockTalks
  • Comments
  • Edit Portfolio

Market Currents

Thursday, May 21, 2009
2:39 PM TweetThis
  • Laszlo Birinyi thinks U.S. stocks are at the beginning of a bull market, and the S&P 500 could advance as much as 88% in the next 2-3 years.

This news story has 4 comments:

  •  
    I wrote a quick article about this subject yesterday.
    seekingalpha.com/artic...

    All are of course welcome to comment.
    2009 May 21 02:42 PM Reply
  •  
    i am disappointed: if you are going to talk your positions, be a little more nuanced
    2009 May 21 02:43 PM Reply
  •  
    Your "Crash 1" arrow points at 9/11, it should point at the preceding "crash/drop" if you are referencing the result of the Y2K liquidity pump...

    Also, to bounce along the 25yr line would not factor in the world/emerging markets growth that was, during the 80s, did not nearly make up the % of world GDP as it does now. Of course, the US during those years were not laboring under a credit correction...
    2009 May 21 02:50 PM Reply
  •  
    Not a good day to come out with this bullish prediction. I like Laszlo Birinyi , but I can't see how he can be so optimistic. Unemployment numbers are still very negative. Massive government debt levels. A weakening dollar. Government take-over of large sectors of the private economy. Increased regulation. Higher taxes. The Iranian nuclear threat. I could go on. I'm not sure why he's so bullish.
    2009 May 21 02:51 PM Reply
Follow Market Currents on
Latest StockTalks
  • Nathan W Martin: Chanos may be both right and wrong. R/E may drop and stocks may correct but over the year I expect the CSI to be up in $ terms. Long CAF
    8 minutes ago
  • Bill S. Friend: Find out if your representatives are voting for an audit of the most powerful institution on the planet, the FED. http://bit.ly/5aAulk/
    43 minutes ago
  • ETFdesk.com: WaysToPlay: Hedge Funds Review - Hedge funds review alternative investment http://bit.ly/4s1qg6 $APB #ETF #MKT #CEF #Hedgefund #Trading
    about 1 hour ago
  • Lightway: Sold all of KFT today. Company suffers from lack of direction. Better dividend opportunities are available.
    about 1 hour ago
More StockTalks »

From our sponsors: