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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 10 4:00 PM EST

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To: sea_biscuit who wrote (47612)	4/21/2000 1:43:00 PM
From: Crimson Ghost	Read Replies (3) of 99985

I still see very little genuine fear except among highly leveraged day traders. Overwhelming complacency in the investment mainstream: Here is some evidence: * Every day, the S&P futures open up. This has happened in 13 of the last 14 trading sessions. What it means is that investors expect the market to rise. They're still bullish. * Investors Business Daily reports that bullishness among investment advisors has scarcely budged from its level at the market high of March. Only 2% of advisors have switched to bears since then.

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