Bullish and mostly right for the last 2 years, The Fly throws in the towel. While Bernanke will...

|By:, SA News Editor

Bullish and mostly right for the last 2 years, The Fly throws in the towel. While Bernanke will do his best to paper things over, "what I do know is the market will most likely be much lower" in 6 months. "The math is simple: reduce 2012 EPS projections (from) $94 to $70, slap a 13 multiple on it," and you have your bottom.