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Ken Fisher Admits Being Wrong

In his September 1st column titled "Five Blue Chips," which was posted today on Forbes.Com, Ken Fisher admits that we have been in a bear market since November 2007 and that he did not anticipate the fall. I quote: "The stock market's drop since last November is enough to qualify it as a bear market... Wrongly, I've been upbeat throughout... This is the first time I haven't anticipated the fall... I hate that... I also admit confusion."