Kass: ‘Big Short’ May Be At Hand

“[T]he Wizard of Oz’s curtain will be soon opened and investors will finally begin to see whether the flight path of economic growth is steady enough to support stocks at current levels. Personally, I remain skeptical.

“Thus far in 2015, I’ve envisioned a sawtooth pattern lower in the belief that a major market top is forming. Tactically, I’ve adopted a ‘short the rips and cover the dips’ strategy that’s paid off so far.

“But at some point — probably in the relatively near future — it will be more appropriate to ‘short the rips and stay short.’ After all, the ‘Big Short’ might be soon at hand.”

— Excerpt contributed by Jason Kelly

_____________________________________

Z-val: Doug Kass
Via: Tumblr
Date: 8/4/15
Disposition: Short-Term Bearish
S&P 500 on 8/4/15: 2093
S&P 500 on 11/4/15: 2102
Change: +0.4%
Judgment: Wrong

Z-val definition and more forecasts in The Z-val Zone.

Kass

Scorecard

This Forecast

Accuracy

of 6

Judged

Forecasts

Created with Snap
This entry was posted in Z-vals and tagged . Bookmark the permalink. Both comments and trackbacks are currently closed.


  • Included with Your Subscription:



    $200/year
    Save 17%



    $20/month
    Pay as you go
    Or sign up to receive free email and learn more about the system.
Bestselling Financial Author