Doug Kass: S&P 500 Will Range Between 1025 And 1150

"I now view the risk/reward for equities to be roughly in balance, with an anticipated 2010 S&P range of 1,025-1,150 over the remainder of the year."

Doug Kass

ETFs: SPDR S&P 500 ETF (Public, NYSE:SPY), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS), ProShares UltraShort QQQ (ETF) (Public, NYSE:QID), iPath S&P 500 VIX Short Term F (Public, NYSE:VXX)