by Bob Stokes
Updated: November 03, 2017
A new survey reveals what millionaire investors are doing with their capital -- find out the details. Also learn about the unprecedented market action of mutual fund managers.
If you follow the stock market, you know the Dow Industrials recently moved north of 23,500 -- yet, according to a new survey -- affluent investors are more bullish now than they were when stocks were trading lower.
Other sentiment indicators also point to financial optimism at HISTORIC EXTREMES.Here's what you need to know: This strong overconfidence in the stock market's future is on display at the very time the DJIA's pattern is approaching a critical juncture.
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P.S. A quick word about stock market volatility: The CBOE Volatility Index has just reached an ALL-TIME record low. But, please note what the just-published Elliott Wave Theorist says: "… because financial markets are a fractal, present conditions never maintain."
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