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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: purecntry5 who wrote (9477)	11/10/1997 1:38:00 PM
From: Christopher White	Respond to of 94695

Brett, How about this quote from the Oct 31st Investors' Intelligence: "According to a survey done by American Century Funds, 66% of equity fund investors said they'd do nothing during a major market downturn...roughly the same two thirds still believe that there's some kind of government guaraneed safety net to prevent more than a mild decline from ever occuring in US equities...He also pointed out that the Paine Webber/Gallup Index of Investor Optimism showed it's highest readings in a year...women investors' optimism increased at almost twice the level of men, while optimism is also rapidly increasing among minorities and lower-income level participants. We are going to have our first equal opportunity bear market...A Montgomery Asset Management survey found that respondents' expectations are rising. They now expect 22.3% return this year and an average of 34% per year on their money for the next 10 years." Christopher