Steve Leuthold earned an astounding 74% return for investors in his Grizzly Short Fund last year betting, as the name would suggest, that stocks were in for a grizzly beating -- which they were.But now Leuthold has turned bullish, and is predicting that the S&P 500 will hit 1,100 this year -- which would represent an increase of more than 30% from the the current price.
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