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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 668.73+1.5%Nov 24 4:00 PM EST
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To: LLCF who wrote (17137)6/13/1999 12:10:00 PM
From: James F. Hopkins  Read Replies (2) of 99985
 
David; I sort of thought you may not have seen it, but any way
It's fickle as all get out the short term sentiment can
change in a heartbeat , it went from 4 yesterday down to 1 today.
when it hits extremes it's almost always wrong.
There is no magic number one can count on as the make up of the
people in the survey change, it seems to be more relative to
the last two or three months than to the longer term when used
to gauge short term market sentiment.
Jim
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