Too Bullish, Too Fast?

If investment manager Michael Farr sees a cause for concern in the current market, it's the speed with which the Street changed direction

The market's three sectors showing the most promise for gains are technology, financial, and health care, says Michael K. Farr, president of investment firm Farr, Miller & Washington. But he would rather make that selection a year from now, Farr adds, since he's concerned about the speed with which investors have embraced optimism. Notes Farr: "It's important never to become too sanguine."

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