By the end of 2009, however, oil prices were at $80. In March 2009, he predicted the S&P 500 would fall below 600 that year, and possibly plummet to 200.
By the end of 2009, however, oil prices had increased to $80. He predicted in March 2009 that the S&P 500 would decline below 600 and possibly reach a low of 200.