That view buttresses his firm's bullish outlook for stocks.

But some analysts say the bullish outlook ignores some fundamentals.

Last Thursday morning, Mr. Levy raised his target to $95, citing his "bullish outlook" for telecommunications equipment.

In an interview yesterday, however, he stressed his bullish long-term outlook for equity prices.

Several analysts agreed that the collapse of the coup and the return of Mr. Gorbachev would help create a more bullish outlook for the financial markets.

They are, in certain ways, all alike: a certain shared demeanor, an articulate, polished confidence, an inevitably bullish outlook.

The choice depends on one's outlook - bullish, negative or charitable.

He said reduced supplies of cattle available for fattening at feed lots were fueling the long-term bullish outlook.

The near-term numbers support a bullish outlook, but satellite is upping the ante and the telecom players are coming off the sidelines.

Recent business surveys support the bullish outlook.