I guess my point was that even with their allocation recommendations at these levels, I do not recall any of those companies with a stock allocation below 50% the past 4-years. They are at extremes, but they have been for some time.
Morgan Stanley is at their neutral position of 65%. So we have Goldman Sachs 75%, BancAmerica70% and MSDW at 65%. Abby's FAIR VALUE for SPX is 1150!!. But she has got the ball now. People are LISTENING to her again!!! incredible.