Quote from B. Rowshan:
2009 is off to a positive start (S&P @ 917.5). Obama's coming, the vix is under 40, oil is low etc etc. Looks like the ripe ingredients to propel the market higher.
Wrong!
The S&P will not see 1000 in January. It will see 840 before 1000. Take it to the bank. Either it's rowshan or it's wrong.
The sp00z will see 1400 easily in 2009.