Notes of Barron's Feb. 9, 2008

Jeremy Grantham is bearish and here is his prediction:
SP's trend line should be 1100 in 2010, market will then reach bottom and take off from there.
He is bullish on JPY, Singapore dollar and Swiss Franc.
His position is: 50% long US blue chips, 50% emerging market, and 100% short on Russell 2000.
To mark his words and position, here is the current level of Russell 2000, Emerging market and DOW:
RUT 698
DJ 12182
EEM 132
Personally, I don't think US market is as bad as he think and also EEM won't outperform US market in the next 12 months, so let's mark the post and will come back in Feb. 2009.