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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (7984)2/22/2001 12:22:32 PM
From: Jibacoa  Read Replies (1) of 13094
 
JIM:

It seems the majority of "Financial Consultants" are quite bullish.

Do you interpret that as positive or a negative for the near term outlook? :

New York, Feb.7 (Bloomberg) – Optimism about U.S. stocks surged to a 14-year high last week, according to a poll by Investors Intelligence newsletter. The percentage of financial consultants who considered themselves bullish, or optimistic, rose to 61.8 from 61.0 the week before. Optimism hasn’t been this high since January 1987. “A lot of people are optimistic about stocks with the Fed cutting rates,” said Michael Burke, editor of the newsletter.

RAGL

Bernard
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