SARASOTA, Fla. Feb. 23, 2011 MoneyShow.com
In line with these predictions, 20% of respondents reported that they will not make any short sales and another 24% indicated they anticipate that less than 10% of their trades will be short sales for the remainder of 2011. Additionally, 54% of traders expect to see the Fed raise interest rates at least once before the end of the year.
Stocks and options emerged as the trading vehicles of choice, with more than 60% of traders expecting those trades to be the most profitable for the duration of the year. Traders are split on the direction of the U.S. dollar in relation to other currencies with 29% responding it will remain about the same, 30% indicating it will rise moderately and 31% stating it will fall moderately.
Traders also believe that gold still has more room to run with 59% stating the precious metal will rise by less than 25% while 14% of traders believe it will rise more than 25%.
between February 16 and February 18