“Given the appearance was within 24 hours of what proved to be a historical market bottom [March 9], that call alone would have put Barry Ritholtz in the running as our top guest of 2009 and winner of the coveted (and fictitious) “Purple Microphone” award. Ritholtz’s call was more notable because, until then, he’d been steadfastly bearish on the market, meaning he was one of the few pundits to successfully navigate the downturn of 2008 and play the upside of 2009,” said Yahoo Finance – Tech Ticker.

“But unlike many other bears who turned bullish last spring, Ritholtz didn’t abandon bullishness as the rally continued through the rest of 2009:

In May he said: Don’t call it a suckers rally

In mid-September he said: The rally may only be in 6th or 7th inning

And as of last week, he was still saying you have to give the rally the benefit of the doubt, suggesting the S&P could hit 1,300 before faltering.”

Well done Barry!

Source: Yahoo Finance – Tech Ticker, December 30, 2009.

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