haspete's - someone let brutus out - wednesday, page-49

I thought xjo was about 3700 in january 2010. Whatever it was he was saying it would drop hard and it did but it only took 2 months for it to reach 3100. so his call was right but not his timing.

Nevertheless he is global head of strategy at morgan stanley and, yes he is a bear longer term. Short term he will make a call on their being market rallies but he usually backs his calls with a neverending stream of graphs etc.

It just irks me why he must think there wont be money printing or it wont work.