Merrill’s Bernstein: Stay Out of Stock Market; Related: MER, XLF, ^GSPC, ^DJI
Posted Nov 06, 2008 12:30pm EST by Henry Blodget in Investing, Recession, Banking
From ClusterStock.com, Nov. 6, 2008:
Merrill’s excellent strategist, Richard Bernstein, has news for those who think the market has bottomed: It hasn’t.
You’re all waaaaaay too eager to buy the dip, Rich says, and your bullishness is a decidedly bearish indicator. Contrary to popular wisdown, it’s [...]



