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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: sea_biscuit who wrote (15017)9/1/2001 9:23:00 PM
From: geode00  Read Replies (1) of 42834
 
Whether you believe he's a ray of light or whistling past the graveyard, Don Hays of Hays Advisory Group in Nashville, Tenn., was shining a little brighter and/or whistling a lot louder today.

As reported previously, Hays has been pushing a bullish case for some time now. But he dramatically upped the ante in a late-morning conference call today, declaring himself more bullish than at any time since mid-1996. In addition to a short-term rally he's been predicting since late May, Hays said, "as of right now, I feel better about the long-term nature of the market than I've felt in long time."


thestreet.com

FWIW. There does seem to be increasing resignation that stocks will do poorly for the next several years while bonds will do much better. There also seems to be resignation that the economy is or will soon be in recession, unemployment will balloon, housing will finally crash and tech won't recover until all the excess is wrung out by sheer obsolescence and bankruptcy.
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