MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Jan 6 4:00 PM EST

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To: Crimson Ghost who wrote (71048)	3/6/2001 3:15:29 PM
From: sea_biscuit	of 99985

Is it possible that the pct of bears is being overstated in that those who are bearish are so disgusted that at least some of them don't even bother to respond to the survey? However, the rise in the pct of bulls doesn't surprise me at all. I have come across many, many investors who think that a stock that has been cut in half is a bargain -- regardless of valuations. It is only when they discover that the bargain basement can be many many floors below (and that too, only for some stocks; many deserve to just fade away all the way to 0) that the pct of bulls will plummet. Give it another 6 months to a year and we'll be there.

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