Ooops! JPM Says Bulls On The Sidelines Waited Too Long……To Be Slaughtered Or What?

… with some, such as JPMorgan’s Marko Kolanovic claiming that as a result of this delayed response, it was only a matter of time before the “bulls on the sidelines” capitulated, and rushed to buy stocks, and as a result, Kolanovic told CNBC one month ago that “the S&P could soar to 3,000 as soon as May.”