Market Currents
As stocks run higher, analysts continue to get more bearish (charts here), notes Schaeffer's...
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Tuesday, October 9, 2012, 12:51 PM ETAs stocks run higher, analysts continue to get more bearish (charts here), notes Schaeffer's Ryan Detrick, believing this bodes well for a continuation of the bull market. Pretty fair contrarian indicators, analysts remained relatively bearish throughout the entire 2002-07 bull run.
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I fear that the longer the Fed invetvenes with its money printing, the more extreme the result of this fed manipulation will be. .