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Bloomberg Article-Americans Haven't Been This Optimistic About Stocks for Nearly


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Bull markets are born in pessimism, grow on skepticism, mature on optimism and die on euphoria.

--John Templeton


The trouble is determining if we're in the maturing optimism phase or reaching the point of euphoria.  I don't think it's euphoria yet, but I'm trying to be as skeptical as the market is optimistic.

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