When reached for a further comment Biggs said "the market still has a huge rally in it", when asked for clarification he said "a big rally might come, right after the massive rally that will follow this gigantic rally" http://www.bloomberg.com/apps/news?pid=20601087&sid=aV3_WxHNXNbA&refer=home
He learned his lesson, the guy says the same thing in 30 different versions every interview without fail
barton biggs: nice chap, although not necessarily a prophet. i think he believes in fundamental analysis too much. (for a good summary of fundamental analysis, see 'cat staff meeting' by seth macfarlane on youtube, powerful stuff, bigg should see it) but i've read hedgehogging with interest, an honest, self-critical book