Wednesday, May 13, 2009
POTC Prefers Zigging when Sentiment is Zagging; You almost have to be Anti-Free Market to be Holding Long During this Political Freak Show...
NEW YORK (Dow Jones)--Bullish sentiment rose among financial advisers surveyed in the weekly Investors' Intelligence poll from last Friday. The percentage of financial advisers who are bullish on the market rose to 41.0% from 40.4%, while bearish sentiment rose to 33.7% from 31.5%. The percentage of financial advisers expecting a market correction fell to 25.3% from 28.1%. In the week ended Tuesday, 86.61% of stocks listed on the New York Stock Exchange were above their 10-week moving averages. Also, 57.31% of NYSE stocks were above their 30-week averages. Source: InvestorsIntelligence.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=pHu%2BPCGrMmEFJs1uAB4ICQ%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires May 13, 2009 11:21 ET (15:21 GMT) Copyright (c) 2009 Dow Jones & Company, Inc.- - 11 21 AM EDT 05-13-09
Posted by The Call Team at 11:36 AM