SP500 is about to rally 14% to 66% - Bespoke

[Daal]

This can't be worst than the 30's
http://www.youtube.com/watch?v=YJBnZe6AwL0&playnext=2&playnext_from=QL

 

[nazzdack]

Come on! Is it gonna be closer to 14% or 66%?

 

[oktiri]

wothless

 

[luckylee]

I don't rule this out despite how bad fundamental is going forward. It can happen, but then again market can still go down even in an oversold condition. That looks like a bear pennant to me btw.

Although I'm leaning toward a rally, I am hoping that at least there's one or two more selloff to *wipe out the CNBC bottom callers*.

 

[flytiger]

Ritholz is saying in Big Picture S and P earnings could hit 50 bucks, and at 14 times, thats 15% lower.

and he's buying.