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Dave Rosenberg Capitulates


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#1 TradingUp

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Posted 15 January 2010 - 12:52 PM

"Currently, the market is 27% overvalued on a Shiller basis. So, as expensive as it is, it could easily get even more expensive, which would mean a final test of around 1,300 on the S&P 500."

#2 andiron

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Posted 15 January 2010 - 12:57 PM

same w/ BOA mary bertelman? who was bearish all thru 2009 and now turniing bullish (ho ho ho)