Optimistic Bears Belie Talk of Negativity

GuruVision: Whither Gloom?

SAN FRANCISCO -- The most widely forecast rally of recent memory continued today, although inclement weather again kept a lid on trading activity. Still, a rally is a rally and the Dow Jones Industrial Average rose 0.3%, the S&P 500 climbed 1%, and the Nasdaq Composite jumped 2.9%.

By saying the advance was "widely forecast," I refer not to the fact that high-profile Wall Street strategists remain bullish, as they were throughout 2000 and since Jan. 1. No bombshells in their latest weekly commentaries, unless you consider bulls being bullish newsworthy.

Previous GuruVisions

C'mon Greenspan, Do the Locomotion...

To Heck With Tech! Some Key Gurus Staying Away Short Term

Turning on Tech: Some Gurus Cast a Bearish Glance at Tech Stocks

Perfect Timing? Yes, You Can Time This Market, Says Guru

Market Bullheadedly Ignores Missed Earnings, Salivates for Rate Cut

This Rosencrans Has Thorns: Market Blooms, but Strategist Offers Warning

And the Winner Is...

...