Another online poll, this one at The Huffington Post, confirms that a lot of people have exited the stock market lately. This comes after yesterday’s widely read story in the Wall Street Journal that detailed how small investors have lost faith, many of them for good.
HuffPo gives gloomster-in-chief Bob Prechter even more ink after the New York Times and Wall Street Journal both featured his Dow 1,000 call in recent weeks.
I just find it very difficult to believe that, having zero to show for their effort over the last decade, there are any buy-and-hold investors that have stuck with U.S. stocks.
