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Strategies & Market Trends : Investor sentiment surveys - a technical indicator

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To: Andy H who wrote (115)9/8/1997 10:50:00 AM
From: Q.   of 167
 
Andy, you can always find the Barrons data online at investorhome.com

Here what was in the 9/8/97 issue:
Bull Bear Other
Investors Intelligence 33.9 % 32.2 % 33.9 %
AAII Index 37.0 % 25.0 % 38.0 %
Consensus Inc. 32.0 %
Market Vane 57.0 %

For comparison, at the bottom in April, the numbers were:

II 35/41/23
AAII 26/37/37
COn 27
MV 42

So you see that sentiment didn't fall nearly as bearish as during the April correction.
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