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since 1999, not including this year, the Dow has gone up in 17 years and down in 6 years
this strong upward historical movement is also reflected in the S&P 500
that's a very strong indication of the strength of the market as a whole
this very interesting link tracks investor sentiment towards the future
according to it:
51.4% are now bullish - 27.1% are neutral - and 21.5% are bearish
of course, the bulls could be wrong - but I don't believe this is meaningless - it has some value imo
there is a great book by James Surowiecki called "The Wisdom of the Crowds"
in the book he shows in various ways that the opinions of the masses very often turn out to be correct - often more correct than the opinions of so called experts
https://www.aaii.com/sentimentsurvey
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