Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Psycho-Social who wrote (7812)	11/25/2001 8:05:57 AM
From: Murray Grummitt	Read Replies (1) of 99280

<<"Jake Bernstein's Daily Sentiment Indices: Current Readings of Trader Sentiment: S%P 68% bullish 3dy mov ave, 70% 5dy mov ave, 74% 9dy ave. Nasdaq 64% bullish 3dy mov ave, 68% 5dy, 73% 9dy. 3 Indicator Ave of Consensus Inc, AAII & Market Vane varies between 20% and 60% bullish: has risen to 55% bullish.">> I'm not familiar with these sentiment indices but I presume they delineate between commercial and non-commercial traders. If they are using non-commercial traders then this is a contrary indicator. I presume that's what we're looking at as the bullish indicators have risen with the market.

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