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Article: TradeKing Survey: Active Investors See Market Direction as Too Tough to Call; All Eyes on New President's Economic and Energy Policies.
- Article from:
- Business Wire
- Article date:
- October 31, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In Online Broker Client Survey, Election and Signs of Recession Unseat Oil Prices as Top Market Triggers; Energy & Healthcare Sectors Flagged as "Long" Opportunities
BOCA RATON, Fla. -- Despite historic market lows, most active investors still aren't ready to call the bottom or head to the sidelines, according to a late October survey of more than 400 equities and options traders conducted by online broker TradeKing (www.tradeking.com). Thirty six percent of equities traders (ET) and 40 percent of options traders (OT) described their market outlook as "neutral/not sure", compared with 43 percent ET and 33 percent OT last July. However, bearish sentiment continues ...