Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Friday, August 5, 2011

Crowing

In May, Vitus opined that in the next several months the S&P could easily drop 200 points from it's then 1330 points due to all the macroeconomic daemons on the loose.

We are now at 1193, down 8 from yesterday. 60 points to go.

Update. Now up 7. But... Ritholtz says "a 15-25% correction is now increasingly likely."

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