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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: allen menglin chen who wrote (28911)9/1/2000 1:01:17 PM
From: donald sew  Read Replies (2) of 42787
 
Allen,

>>>> Stock newsletter writers were only 47% bullish (43% was the 2 month low last week), comparing to 54% from late July 2-month high. <<<<

So since last week rose from 43% to 47%, which is a pretty quick climb for only one week. Since you gave a range from 43% to 54%, the rise to 47% was a 36% increase in only one week. Of course if we use the high of 54% there is still more potential upside, but there is no guarantee that the sentiment level must reach 54% before another main top is in. I would get very cautious once it reaches 50%.

>>>> 4) MEDIA - some bullish, some cautious/neutral, not bearish <<<<

OK, I was wrong there are more who are BULLISH in the media than BEARISH. Are they actually part of the media or analysts or a combination of both.
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