That's because the sentiment survey's percentage
in the correction camp is also at a record high.
Canaccord's Tony Dwyer may be
in the correction camp, but he's not abandoning his bull case for stocks.
Not exact matches
However, that was mostly because of a big drop
in the percentage of bulls who stampeded into the
correction camp rather than turning into outright bears.
There is one
camp that is decidedly bullish, reflecting strong corporate fundamentals and a recovery
in the market's technicals after the February
correction.
In the long - term
camp, our equity teams view
corrections as par for the course, remaining focused on a long - term thesis and not short - term hysteria.
If we do not seize upon the promise of this moment through what we might call «the mutual conversation, consolation and
correction of the brothers and sisters» (to rephrase Luther), we could be
in for a period of theological Balkanization or Beirutization - armed
camps firing away at each other from their places of epistemological privilege.