I've had quite a few searches for the Thomas Lee, chief U.S. equity strategist at JPMorgan quote and video.
Blomberg misses the point of the Lee intervies they focus on the Sensational boggyman "the market is Beyond Scary." quote.
His thesis is that 20% is the Bottom, He is wrong IMO, but the thing to point out is that in a Bear market, 40% decline it takes a year and a half.
Sunday, July 13, 2008
Lee Jpmorgan video
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