Just read the CNN online poll.
Question: 1. The Dow Jones industrial index has fallen more than 9
percent from its high last month. If you own stocks today, what
are your plans?
total responses to this question: 5875
3. Hold --> 66.11%
1. Buy --> 27.27%
2. Sell --> 6.62%
Question 3. Based on Tuesday's close, where do you think the Dow
will end up by December?
total responses to this question: 6166
4. 9,000 to 10,000 --> 44.84%
3. 8,000 to 9,000 --> 33.00%
2. 7,000 to 8,000 --> 12.99%
1. 6,000 to 7,000 --> 5.21%
5. More than 10,000 --> 3.96%
Extremely bullish! Certainly no fear yet!
I would expect a strong rally based on this (but may turn
sides at any moment).
Good trading,
Phil |
