LOWRISK.COM
INVESTOR SENTIMENT REPORT
8 / 7 / 2000
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Below are the results of our weekly "Guess the Dow" sentiment survey. The survey was taken from 7/31 through 8/6 on the Lowrisk.com web site.
Number of participants: 598
30 day outlook:
25% bullish, 19% previous week 51% bearish, 50% previous week 25% neutral, 31% previous week
(percentages may not sum to 100 due to rounding)
The median guess for the Dow closing value on Friday, 8/11: 10,527 (it was 10,512 last week). More complete sentiment data is available at: <http://www.lowrisk.com/sentiment.htm>. Historical sentiment data is available at: <http://lowrisk.com/sentiment-hist.htm>.
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Another high bearish reading this week, as the bears picked up 1 point to end at 51%. The bulls also picked up ground, going from a very low 19% up to 25%. The neutral camp gave up ground, dropping 6 points to end at 25%.
Last week was a positive one for the stock market, but the market spent a large portion of the week going down. It did not start rallying until it reached a dramatic low on Thursday morning. Given this late week turnaround, the slight rise in bears is not surprising. However, that 51% reading IS very high, and should be encouraging for the bulls.
The more participation we get in this survey, the better this sentiment data is, so please stop by and tell us what you think the market is going to do: lowrisk.com
best regards, Jeff Walker |