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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (29781)11/21/1999 7:53:00 AM
From: Jeff Jordan  Read Replies (1) of 50167
 
Wall Street Gurus Mess With the Bull
By Pierre Belec

NEW YORK (Reuters) - Mess with the bull, you get the horns. It's more than just a saying for the Wall Street gurus who are getting gored.

Some of the Street's best-known strategists have been hyping the bear side of this bull market for the last couple of years. But even the bad press hasn't stopped the market from extending its moonshot ascent into a fifth year.

Investors' appetite for risk remained high this week and the market was again buoyed by a seemingly bottomless well of liquidity as the Nasdaq and Standard & Poor's 500 indices climbed to record highs.


dailynews.yahoo.com
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