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Strategies & Market Trends : Guidance and Visibility
AAPL 275.98+1.7%Nov 24 3:59 PM EST

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To: bumblin bob who wrote (188817)3/9/2009 3:47:19 AM
From: blind-geezer  Read Replies (1) of 208838
 
John Taylor, chair and CIO at FX Concepts, the world's largest currency hedge fund, believes the S&P 500 will fall to 500 or 550 and that for a long-term investor U.S. stocks are not oversold.

"We are definitely not at the bottom," said Taylor.

"Stocks may be at their two- to three-week bottom, but they're definitely going lower."

thestar.com
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