If an investor is optimistic and believes that stocks will go up, he or she is called a bull, and is said to have a bullish outlook.
If an investor is pessimistic believing that stocks are going to drop, he or she is called a bear, and is said to have a bearish outlook.
Pigs are high risk investors looking for deals in a short horizon. They invest without doing their due diligence, and are impatient and emotional about their investments. Drawn to high risk securities without devoting time and money to study the investments.
Chickens are afraid to loose anything. Their fear overrides their need to make profits and they invest in govt. t-bills and other risk free instruments or get out of the market entirely.
Bull, Bear, Pig and Chicken! Who are you??