David Rosenberg, "our work would suggest that there is another 70 or 80 points of downside potential (on the S&P 500 index)"

By on March 16, 2009

David Rosenberg, chief North American economist at Bank of America Securities-Merrill Lynch, thinks the bulk of the bear market is over and that October is the approximate timeframe for a bottom.

Source:

http://www.reuters.com/article/usDollarRpt/idUSSP46268320090315
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