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Wednesday, December 23 2009  |  05:39 EDT  | 
DJIA (DIA) S&P 500 (SPY)

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.
    May 21 02:42 PM | Link | Reply
  •  
    i am disappointed: if you are going to talk your positions, be a little more nuanced
    May 21 02:43 PM | Link | 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...
    May 21 02:50 PM | Link | 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.
    May 21 02:51 PM | Link | Reply
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