Bill Gross: 5-10% correction in stocks (contrarian indicator?)

He's been dead wrong on rates for the last 3 years...

http://www.marketwatch.com/news/sto...x?guid={7FB8A1EA-89E1-4E32-A94E-029CCB1A9513}

 

Billy Boy is talking a lot of BS. This time he´s predicting stock correction in order to support his long bond positions. YAWN !!

 

He manages $700 Bln and making management fee off that being right AND wrong. Can't beat that!

 

Wouldn't he be looking to sell his position if he was pumping bonds?

 

Yea he's way overrated

Most of these market prognosicators are.