Many thanks to all the readers who participated in the poll. There were a total of 129 votes and not surprisingly the optimism has somewhat faded. I will think the main cause is due to the unrest in North Africa and the Middle East. I am however surprised that there are about 20% of readers who are bearish. I expect this number to be much less - probably >10%. Although I a cautious, I am not expecting any major downside this year. It proves to show that even in a very bullish market, there are always be a pessimistic bunch around.