Will July 1 Go Down As One Of Doug Kass' Legendary Calls?

He took some heat for it, but Doug Kass called the bottom on July 1, and since then the market is up about 8%.

The closing low was actually July 2, but the intraday low was the 1st, when Kass made his call. Now the S&P 500 is pushing on 1100 (not seen on the chart).

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Photo: Yahoo Finance

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