Biotech Values

[DewDiligence]

I wouldn't bash Noriel just yet. Twenty something percent of that gain was solely because of the falling dollar. We aren't out of the woods yet.

jbog, anyone who acted on Roubini’s advice during early 2009 is now very, very sorry. Those who manage an institutional investment portfolio (as I do in my “other” job) and got hoodwinked by Roubini have probably been demoted—or are out of a job entirely.

64% rallies in the S&P 500 during a period of half a year come along about once in a lifetime. One cannot afford to be bearish when they do.