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FOR IMMEDIATE RELEASE Contacts: TRADERS SENTIMENT INDICATOR REVEALS A BULLISH MARKET AHEAD FOR THE REMAINDER OF 2007 SAN DIEGO, CA, June21, 2007 – MoneyShow.com, the largest multimedia investment education destination for investors, traders, and financial advisors will announce the results of the first ever Traders’ Sentiment Indicator tomorrow at the Traders Expo in San Diego. The results revealed that over 61% of traders remain bullish about the market, with 20% predicting increases of 10% or greater in the S&P 500 between now and the end of the year. In line with these predictions, 26% of respondents reported that they will not make any short sales and another 26% indicated they anticipate that less than 10% of their trades will be short sales for the remainder of 2007. Additionally, more than 49% of traders expect to see no change in interest rates through the end of the year. Stocks and options emerged as the trading vehicle of choice, with more than 59% of traders expecting those trades to be the most profitable for the duration of the year. Traders also predicted the U.S. dollar will hold or fall moderately in relation to other currencies according to an overwhelming 70% of respondents. The MoneyShow.com Traders Sentiment Indicator polled active traders from its subscriber list between June 11 and June 15. Questions regarding the outlook for the S&P 500, short selling, Federal Reserve, and currencies from June until the remainder of the year were asked. “MoneyShow.com is pleased to provide traders with an up-to-the minute perspective on the sentiment in the markets from many of the nation’s active traders,” said Tim Bourquin, MoneyShow.com Trader Content Director. “According to our first ever Traders’ Sentiment Indicator, traders are excited about a bullish market with stable interest rates and strong trading opportunities throughout the remainder of the year.” The complete findings of the Traders Sentiment Indicator will be available in the Traders channel on MoneyShow.com after it is released at the Traders Expo in San Diego. The site will commission several other indicators throughout the year among investors, advisors, and gurus which will be announced in conjunction with its various trade shows, and become available on MoneyShow.com. MoneyShow.com offers free membership and provides 24-hour access to powerful, profitable, and actionable investment advice, directly from Wall Street and trading experts. The site features hundreds of hours of investing education, the analysis of market trends, and customized content searches specific to investors portfolio needs. About MoneyShow.com MoneyShow.com is the most comprehensive investing education destination on the Web today. It offers free membership and provides 24-hour access to powerful, profitable, and actionable investment advice directly from Wall Street and trading experts, hundreds of hours of investing education targeting investors, traders, or financial advisors; and customized content by searching topics, experts, and companies specific to investor’s portfolio needs. About InterShow InterShow, the world's leading producer of investment trade shows and cruises, is a privately held company headquartered in Sarasota, Florida, USA. Founded in 1978 by Charles and Kim Githler, InterShow's events include The World Money Show®, The Money Show®, The Traders Expo®, The Forex Trading Expo®, The Financial Advisor Symposium®, and luxurious investment cruises, that each year bring approximately 50,000 investors, traders, and financial advisors together with world-class analysts, top-performing mutual fund and separate account portfolio managers, and independent investment and trading advisors, in live and interactive forums designed to educate and empower all participants. |
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