Time to worry?

Optimism is soaring (click on the chart to enlarge it -- chart courtesy of Bespoke Investment Group).

The last time bullish sentiment was this high was back in December 2007 when the S&P 500 was trading at 1500. Optimism, however, can move even higher, as shown on the chart. Today the S&P 500 closed at 1191.36.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

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I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

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