SP500 is about to rally 14% to 66% - Bespoke

Discussion in 'Wall St. News' started by Daal, Oct 25, 2008.

  1. Daal


  2. Come on! Is it gonna be closer to 14% or 66%? :cool:
  3. wothless
  4. I don't rule this out despite how bad fundamental is going forward. It can happen, but then again market can still go down even in an oversold condition. That looks like a bear pennant to me btw.

    Although I'm leaning toward a rally, I am hoping that at least there's one or two more selloff to *wipe out the CNBC bottom callers*.
  5. Ritholz is saying in Big Picture S and P earnings could hit 50 bucks, and at 14 times, thats 15% lower.

    and he's buying.