MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James F. Hopkins who wrote (22352)	8/6/1999 3:36:00 PM
From: Fun-da-Mental#1	Read Replies (1) of 99985

Worst 4 sectors over past month: Internet commerce -34.1% Consumer services -31.8% Internet services -23.7% Securities brokers -20.2% Best sector (by far): Oil drilling +10.7% source smartmoney.com I especially like the part about the securities brokers considering the results of that survey recently posted here showing investors are more bullish on the stock market than ever. I think in sentiment analysis you have to analyse whose sentiment it is and how well informed they are. I believe that investor survey is a contrary indicator, but is put/call ratio necessarily so? What about stock price of securities brokers? I think I'll look into that and see what correlations I can find, esp. to see if it's a leading or following indicator. I think the time factor is really important. Maybe investor sentiment and put/call aren't so much contrary indicators but rather positive indicators with a time lag. Presumably the lag would be a few days for put/call vs. a few months for average investor sentiment. Stock prices often lead the fundamentals on which they're based, so maybe securities brokers are a leading indicator for the market in general. I'm no expert on this obviously so I welcome comments from anybody who's already researched this. Fun-da-Mental

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next