logicalthought

Can a Stock Market Meltdown Happen from Here?

Where is the support (except from "gold bug websites") for calling this guy Heiko Seibel "a leading German stock market strategist"? I did some Googling, and apparently he works for a very small German brokerage shop called "CM Equity".

And, by the way, I'm not even saying that the guy's price target for the S&P is necessarily wrong-- I happen to think that there's a very good chance we'll get there simply based on continual quarters of earnings disappointments. All I'm saying is that you need to take ANYTHING published by a "gold bug" with a grain of salt (and I'm not even saying that the gold bugs will necessarily be wrong, but they NEVER think they could be wrong).