I know some of you have dismissed sentiment numbers as a barometer but I find it interesting to note that since the beginning of June the DOW has had < a 150 point range on the day Investor Sentiment numbers have been posted at the same time that Bull/Bears have remained at historic extremes. For those Bulls out there, where would the Bulls Bears bee if we move up to say 9500 on the Dow? Oh, and check out the Wilshire 500 range.
Date Bull Bear DJIA S&P Comp Wilt500
06/05/03 56.5% 20.7% 9,041.30 990.14 1,646.01 9,480.80
06/12/03 58.7% 16.3% 9,196.55 998.51 1,653.62 9,552.55
06/19/03 60.2% 16.1% 9,179.53 994.70 1,648.64 9,505.74
06/26/03 59.4% 17.7% 9,079.04 985.82 1,634.01 9,434.92
07/03/03 53.1% 20.9% 9,070.21 985.70 1,663.46 9,462.51
07/10/03 56.5% 18.5% 9,036.04 988.70 1,715.86 9,523.27
07/17/03 57.4% 17.0% 9,050.82 981.73 1,698.02 9,443.32 |
