A Contrary Opinion Technician Would Buy Stock When Mutual Funds

question 11

Multiple Choice

A contrary opinion technician would buy stock when mutual funds

• A) are at the market peak.
• B) are fully invested.
• C) have a cash ratio approaching 4 percent.
• D) have a cash ratio approaching 7 percent.
• E) have a cash ratio approaching 11 percent.

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Definitions:

Overhead Cost

Expenses related to the day-to-day running of a business that are not directly tied to a specific product or service.

Supply Costs

The expenses incurred in acquiring the materials and services necessary for production or operations.

Square Feet

A unit of area measurement equal to a square that measures one foot on each side, commonly used in the United States.

Spending Variance

is the difference between the actual amount spent on materials, labor, or overhead and the budgeted amount for these items.