Many of you will remember last year when we ask Dr. Doom, Nouriel Roubini to take a seat already! As most of you know Dr. Doom is just that -- a Doomster -- a perma-pessimist. Sadly (and mistakenly), because he is always calling for the worst, he is credited with correctly calling the credit crisis and the ensuing recession. (and will likely be given credit for any other downward trends in the future!)
Fortunately we do currently have more level heads among us. One of those level heads is James Altucher. Forget Dr. Doom and do your homework on James and his columns and interviews.
In this interview with Dow Jones, James gives 7 reasons why the S&P index is headed for 1500.
And in this one, James takes on Dr. Doom and scores knock-out, after knock-out punches.
When all you read is gloom, turn here for a much different perspective.