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Monday
Oct012012

More Bulls Than Bears

Somewhat surprisingly given the weakness in the market last week, there were more bulls than bears in our Bespoke Market Poll conducted over the weekend.  As shown below, 51% of participants said the S&P 500 would be higher one month from now, while 49% said it would be lower.  This is a 3-point reversal from the 48% bullish/52% bearish reading seen in the prior week.