After a bump higher in the new year Zimmerman is looking for a 60% drop in the S&P
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Who is Walter Zimmerman?
http://www.businessinsider.com/the-stock-market-is-about-to-crash-2011-12
United-ICAP senior technical analyst Walter Zimmerman thinks the S&P 500 will nose a bit higher in the early part of 2012 and then drop about 60% to 579.57, Tomi Kilgore of the WSJ reports.