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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 339.88+0.3%Dec 24 4:00 PM EST
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To: Investor2 who wrote (669)12/27/2000 9:40:23 AM
From: Boca_PETE  Read Replies (2) of 10065
 
I2 - Nice to see BEARISHNESS RISING in the latest Investors Intelligence Survey of Investment Advisors. Per CNBC early this morning, the stats vs. last week were as follows:

Bulls = 51.4 (down from 54.1)
Bears = 36.2 (up from 30.5)
Thus 58.7% of Advisors are Bullish (DOWN from 64.1%)

I know Bob said these stats have not recently been helpful in revealing short term market direction, but IMHO they may reflect progress toward MOABO.

Also noted last nigh put/call ratio at .84 showing rising short term bearishness.

Enjoy the rest of the holidays.

P
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