Doug Kass of Seabreeze Partners Management was one of the only individuals to properly call the market bottom in March. Here he is in a video today saying the market has topped for the year. He even goes as far as comparing it to the careers of Brittney Spears and Lindsay Lohan (ouch).
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Doug Kass Calls A Top3 comments to Doug Kass Calls A Top |
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I thought I called the top at Financial Samurai yesterday, before today’s route?
Shogun
Slicing Through Money’s Mysteries
haha that you did! How far do you think we’re going to correct?
I think we could correct by 10% easy. Whatever the case may be, i’m not rebalancing back into equities until the month is over, or until we have a 10% correction, whichever comes first.
The stock market always finds away to mess things up before year end.
Shogun