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Strategies & Market Trends : MDA - Market Direction Analysis

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To: bobby beara who wrote (27135)	9/24/1999 11:07:00 PM
From: donald sew	Read Replies (5) of 99985

Bobby, >>>> A lot of people here are calling the bottom, ahead of a critical meeting, another sign of complacency. <<<< Its interesting to note that on CNBC the bearish analysts are now being interviewed more, and it appears to be more bearish on the surface but some sentiment indicators are not so bearish. Again, Im no expert in reading PUT:CALL ratios, but it just doesnt seem to be that bearish(contrarian view). I also had discussions with my broker friends and some J6P'ers. Only 1 of the brokers has turned bearish while the others are still bullish and are still saying that this is nothing but a buying opportunity - AS NORMAL. The J6P'ers are expressing some caution again, but are still not selling. Of the course the BULLs will say that there is so much negativity, and my response is where is the FEAR. WHEREs THE FEAR??????? seeya

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