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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Steve Lee who wrote (7495)11/22/2001 6:00:49 AM
From: LTK007  Read Replies (2) of 99280
 
analyst journalist shartis concludes an 11/15 article with<<And if all that wasn't enough to convince me this rally is short-lived, there's more. One measure of sentiment that I watch daily is the "Vane," a daily survey of futures traders. It recorded a very low percentage (17%) of bulls at the Sept. 21 market bottom, but that number has now risen to 52%. This is above the 48% bulls recorded at the important peak of last May 22, 2001. A sharp retreat into mid-December looks like the most likely course to me.>> thestreet.com
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