Investor sentiment surveys - a technical indicator Message Board

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Strategies & Market Trends : Investor sentiment surveys - a technical indicator

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To: kx who wrote (165)	4/11/1999 12:13:00 PM
From: kx	of 167

990409 36% (BULL) 26% (BEAR), 38% (NEUTRAL). 990401 DJIA 10173 990401 S&P 500 1348 Wow !! The Dow and S&P500 broke through the upper end of the range of 10100 & 1325 respectively. I am running out of breadth. Now the the DOW 10K is no longer the concern but it becomes a major support for the DOW. As long as the Dow is above 10K support, it has a very good chance of moving to 10500 in the next few months. For me I will stay on the side line but will add in positions whenever there is a mini or major corrections. Long term trend is up. Medium trend is up. Short term trend is side-way.

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