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Strategies & Market Trends : Galapagos Islands
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To: Alan Smithee who wrote (43113)6/27/2003 2:10:10 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
from briefing

13:53 ET Floor Talk
Speaking to an analyst who believes recent spike in American Association of Individual Investors survey is a reason for caution. This individual notes that the last two times bullishness reached similar levels was one week before the all time high on the Dow and two trading days before the high that preceded the 1987 downturn.


I think that it may be approaching 100 already here.
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