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Strategies & Market Trends : Classic TA Workplace

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From: oexchaos	12/13/2005 10:58:44 AM
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Message Board Sentiment Mighty Bulled up... This from my morning letter: Message Board Sentiment The message board sentiment poll shows Bulls at 33% and Bears at 33%. This as Bearish since in the past dead even splits have more often than not been harbingers of selling. The Caveat? It's Fed day and options expiration so almost anything can happen. The Actual Position Poll shows 52% at least partially long, and 22% at least partially short. There are just 13.04% fully short Bears. This is way below my 20% threshold and it implies that the market is very vulnerable to a sell off. If the Fed disappoints, this is a prescription for weakness. This sentiment is available real-time for free on Traders-talk.com at the top of the Fearless Forecaster area and linked on the front page. Best Mark Young WallStSentiment.com

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