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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 340.140.0%Jan 8 4:00 PM EST

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To: DD™ who wrote (5066)2/27/2010 6:26:33 AM
From: DD™1 Recommendation  Read Replies (1) of 10065
 
Her Ladyship on NBR last night!! Like Commander Bob, she remains very bullish!!

Excerpt...

"HUDSON: What makes you think that this dip in stock prices we've seen since the middle of January is over now?

GARZARELLI: Well, the S&P 500 declined about 8 percent and the Russell 2000 by 10 percent, and preceding that decline, the sentiment among investment advisors was very bullish at 76 percent. Anything above 70 percent is bearish. And that has since dropped to only 60 percent bulls. In addition to that, junk bonds have rallied and the BAA, 10-year bond yield ratio has declined. So both of those things have increased our indicators to 73 percent from below 65."

pbs.org

DD™
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