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Technology Stocks : Semi Equipment Analysis
SOXX 324.89-1.1%4:00 PM EST

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To: Cary Salsberg who wrote (9350)4/9/2003 11:51:17 AM
From: Return to Sender   of 95689
 
Bulls rise to 51.1% and Bears fall to 31.1% in latest Newsletter Writer's Market Opinion Poll. One of the widest gaps since last April and not a bullish signal for the market imho.

schaeffersresearch.com

We normally view a bullish percentage higher than 55 combined with a bearish reading lower 30% as bearish for the market. On the other hand, overwhelming investor pessimism is reflected in Investors Intelligence bearish readings that are in excess of 55%, which normally translates into bullish market conditions.

RtS
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