Tuesday, September 22, 2009

David Tice: S&P to Decline Below 400 in 18 Months

Noted Bear David Tice was on Bloomberg today. According to him "The entire financial system is operating through the good graces of government intervention". Therefore he expects the current rally to last no longer than 6 months after which he expects the S&P to trend significantly lower reaching 400 in 18 months.

No comments: