He also said that his bullish views on the company made people a lot of money for a period of time.

At the heart of this bullish view are several factors and assumptions.

"So you have to balance a bullish long-term view versus caution in the short term," he said.

He has perhaps the most bullish view among Wall Street airline analysts, with 2007 profit projections that would easily set an industry record.

Many economists, embracing the official statistics, are skeptical of the bullish view.

Put all that together and you get a virtually unanimous bullish view.

Although many oil experts are taking a more bullish view of the sector, the Burmah performance indicates corporate activity.

Whether that bullish view is reasonable or not is questionable.

But the bullish view of the Manhattan real estate market is based on the belief that it is unique.

One reason for the bullish view is that the Treasury debt market faces an avalance of new issues in the near future.