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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (47612)4/21/2000 1:43:00 PM
From: Crimson Ghost  Read Replies (3) | Respond to of 99985
 
I still see very little genuine fear except among highly leveraged day traders. Overwhelming complacency in the investment mainstream:

Here is some evidence:

*** Every day, the S&P futures open up. This has happened
in 13 of the last 14 trading sessions. What it means is
that investors expect the market to rise. They're still
bullish.

*** Investors Business Daily reports that bullishness
among investment advisors has scarcely budged from its
level at the market high of March. Only 2% of advisors
have switched to bears since then.