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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (3356)4/30/2001 8:03:17 PM
From: westpacific  Read Replies (3) of 74559
 
This is of the herd I speak, they should listen to Buffett.

--The sentiment of the public, despite the beating they have taken over the last year, remains surprisingly upbeat. According to a poll taken by the Institute of Psychology and Markets, over the coming 12 months, 23% expect a 5% to 10% return, 33% of those polled expect a 10% to 20% return and 6% expect a return of 20% or more.

As to the next ten years, 5-10% expect a 12% annual return, 10-20% expect a 41% annual return and 20% of those polled expect an annual return of 20% or more.--

Clueless, greedy and stupid is what they are.

West
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