1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Michael Hamlett Jr
Michael Hamlett Jr
Articles (70)  | Author's Website |

One Bear's Roar

August 27, 2014

David Tice of Tice Capital is spot on with his analysis of the present market conditions. Although I don't completely agree that the market would decline 60%, I could see how the market could decline 30% and maybe even 40% if panic takes control of investor thinking. Stocks, and other assets, continue to become overvalued and analysts seem to only see the "potential" and best possible scenarios for companies. Some analysts are even looking towards the NASDAQ hitting 5,000 next year! Value investors should proceed with absolute caution as Wall Street anlaysts and pundits seem to be listening to their own bullish outlooks of 1999 and 2007. I can't say that the market will correct tommorrow, next week or next year, but when it does it will look awfully familiar.

About the author:

Rating: 3.0/5 (2 votes)



Please leave your comment:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners

nmccutcheonMID CAP
nmccutcheonMid-cap value
Marty Fletcher10% ROE ROC 12 PE
milesahead04smallCap AllAround2
milesahead04smallCap AllAround
vinsandhuROE2 Asia
pbarker46Size, debt/equity, E10
DBrizanOUSA beater CDN 25FEB2017
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)