Poll Results: Equity Bulls = Bears
Over the past few days I ran a quick post to gauge readers’ sentiments on the 2012 closing level of the S&P 500 Index. Participants were given only three choices for the level of the Index on a 12-month view: bullish, neutral or bearish.
The poll was well supported, with 323 readers casting their votes. And the result? As shown below, 17% of the voters see a repeat of 2011 with the S&P finishing the year more or less unchanged. The bulls (42%) and bears (40%) turned out in approximately equal numbers. This seems to be quite representative of anecdotal evidence arguing both bull and bear cases with equal conviction.
Sorry dear readers, I thought we would at least get a result we could use as a contrarian indicator (LOL), but we will unfortunately have to find a crystal ball elsewhere!
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