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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: t2 who wrote (19885)1/8/2002 7:47:00 PM
From: bobby beara   of 99280
 
Nv, yes, it's hard to figure, though i wouldn't put all my eggs in the sentiment basket, we have had a nice run, some other sentiment indicators are not overbought but looking like people are getting more invested, like the II survey which was at 49% bulls last week up from 33% at the sept. bottom, which would be slightly above normal ina bull market, but might be considered lofty in a bear market.

the trend is your friend, and the trend is still up, if the st. moving averages cross-over the it averages, don't make the mistake many of these timber people have made for the last several months.
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