August 30, 2010

Renowned Analyst Sees The S&P 500 Index At 450

Albert Edwards, whose opinion, of all macro economists, is among the most respected by Zero Hedge staff, has just thrown down the gauntlet. In his just released piece he mocks the Black Knight, compares the market to a Polish dude with a bullet stuck in his head, makes fun of koolaid drinking permabulls, and sets his estimate for the S&P... at 450.

in Daily Crux

Related ETFs: ProShares UltraShort S&P500 (ETF) (SDS) , ProShares UltraShort QQQ (ETF) (NYSE:QID)

No comments: