"Humbled" Abby Joseph Cohen Warns Of "Considerable Downside" In Stocks

[Millionaire]

In December 2007, she predicted the S&P 500 index would rally to 1,675 in 2008, the most optimistic of 14 Wall Street forecasters. The S&P 500 traded as low as 741 by November 2008, 56% below her prediction

 

[zdreg]

"The market may go down. If not, it is more likely to go up. Over the next 12 months.

—“Buy good stocks. When they go up, sell them. If they don't go up, don't buy them.”—
Willl Rogers