Even the stocks bears are nowhere near bearish enough

There are a few chosen bears around the place, via Bloomie:

A decision to unload a big slug of tech megacaps in January sat poorly for a while with Andrew Slimmon, who helps run stock funds at Morgan Stanley. After the carnage of the last seven days, he wishes he’d sold more.

“We didn’t sell enough. You never do,” says Slimmon, a managing director and senior portfolio manager at Morgan Stanley Investment Management. “Now we’re going to buy more. I’m not decidedly in the camp of, ‘Oh gosh, rates are going to zero, this is the beginning of the end.’ ”