With the market up over 8% for the year, and more than 20% from last October's lows, Doug Kass...

|By:, SA News Editor

With the market up over 8% for the year, and more than 20% from last October's lows, Doug Kass says the next big market move is lower. He's putting his money where his mouth is too, now holding his largest net short position of the year. “There are good advances and bad advances – this one is bad,” Kass says. If history is any indication, a sell-off is coming.