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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.92

-0.7%

Dec 31 4:00 PM EST

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To: playavermont who wrote (83827)	5/8/2003 6:27:17 PM
From: Tom Pulley	Read Replies (2) of 99985

I seem to be getting in a rut with bearish posts.....but here is some information that someone e-mailed me on ihub: vtoreport.com Bullish advisors above 50% while bearish advisors are below 25% has occurred rarely in the last few years. The chart below shows the aftermath of those readings. stockcharts.com[e,a]daclyyay[d20010701,20031231][pb13!b50!i!b200][vc60][iug!uc20][j6324976,y]&listNum=1 Not enough occurrences to be statistically relevant, but it is one more indication the market is in risky territory for bulls. If someone has this information going back 10 years or more it would be interesting to see. Tom Tom

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