http://www.bloomberg.com/news/2011-08-09/birinyi-says-bull-market-is-intact-calling-his-1-450-s-p-forecast-shaky-.html
“The bull market is intact, and while our ‘target’ of 1,450 in mid-2012 is admittedly a bit shaky, our more important conclusion that a rational, disciplined portfolio can attain a 10 percent plus return in 2011 is not,” Birinyi, of Westport, Connecticut-based research firm Birinyi Associates Inc., wrote in a note today.
“The decline is, we submit, in large part political, not financial, which makes us somewhat more optimistic,” Birinyi wrote. “It is impossible to segregate the political from the financial but we would hope that at some point, financial trumps political, which has historically been the case.”
SAMEER SAYS
ANYBODY WHO HAS MONEY WITH THIS GUY IS GOING TO REPENT BIG TIME.
HE WILL LOSE YOUR CAPITAL - WITH THIS NON-SENSICAL VIEW.
I HOPE HIS INVESTORS REDEEM AND GET OUT BEFORE ITS TOO LATE.
“The bull market is intact, and while our ‘target’ of 1,450 in mid-2012 is admittedly a bit shaky, our more important conclusion that a rational, disciplined portfolio can attain a 10 percent plus return in 2011 is not,” Birinyi, of Westport, Connecticut-based research firm Birinyi Associates Inc., wrote in a note today.
“The decline is, we submit, in large part political, not financial, which makes us somewhat more optimistic,” Birinyi wrote. “It is impossible to segregate the political from the financial but we would hope that at some point, financial trumps political, which has historically been the case.”
SAMEER SAYS
ANYBODY WHO HAS MONEY WITH THIS GUY IS GOING TO REPENT BIG TIME.
HE WILL LOSE YOUR CAPITAL - WITH THIS NON-SENSICAL VIEW.
I HOPE HIS INVESTORS REDEEM AND GET OUT BEFORE ITS TOO LATE.
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