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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (9226)10/12/1999 9:29:00 AM
From: Allan Harris  Read Replies (1) of 15132
 
FACT: For the week ending 10/8, we noticed the following:

1: The S&P 500 rose 4% for the week
2: Despite the rally, the percentage of investors who were bullish fell from 43 to 41.9 during that same week.

Q: What happens under the following conditions?
1: Bullish sentiment is below 45%
2: The S&P 500 rallies more than 4% week-over-week
3: Investors get more bearish as the market rises

Answer: markethistory.com

You have to go there and sign up for a free trial, but it's worth the effort. I actually am a subscriber and know the answer, but am too pissed about getting passed over again for the Nobel Prize in chemistry to reveal it. Sorry. Where is Timothy Leary when we need him?

On the outside, looking in.

A
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