May 20 (Bloomberg) -- U.S. stocks are at the start of a bull market that may spur an 88 percent advance in the Standard & Poor’s 500 Index in the next two or three years, Laszlo Birinyi said.
“We’re confident we are in a bull market,” Birinyi, the founder of Westport, Connecticut-based research and money- management firm Birinyi Associates Inc., said in an interview with Bloomberg Television today.
Read the complete story at bloomberg.com
Video Journal of Laszlo Birinyi:
Watch the video that is out this morning (May 21, 2009):
He was less committal back in March 26, 2009, recommending people take profit when market was up 20% from the March bottom.
He called the market bottom back in December, 2008. Of course, we now know what happened in March, 2009.
He was very negative back in October, 2008
Then watch his cautious insights back in August, 2008
“We’re confident we are in a bull market,” Birinyi, the founder of Westport, Connecticut-based research and money- management firm Birinyi Associates Inc., said in an interview with Bloomberg Television today.
Read the complete story at bloomberg.com
He was less committal back in March 26, 2009, recommending people take profit when market was up 20% from the March bottom.
He called the market bottom back in December, 2008. Of course, we now know what happened in March, 2009.
He was very negative back in October, 2008
Then watch his cautious insights back in August, 2008
