The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (8257)	11/23/1997 7:05:00 AM
From: freelyhovering	Read Replies (1) of 79535

Doug--Are you talking about the "MOTHER OF ALL CONTRARINESS" = THE BIG BEAR; And that we better watch out for the next correction? Whether you mean that or not, I'm reminded and bothered about the notion flagged by Dave H about the IBD Public /NYSE Specialist Short Sales figure that dropped recently to .56 after a long time over 1.00. It's closer to the bearish leverl of .35 than its been in a long time. There is a time lag according to Dave and perhaps will see an improvement in the next two weeks. I don't know how much importance to give it since advisors bearish and advisors bullish ratios are still ok. See, you got me worrying and I'm not even sure I understood your comment. L uncomfortablly OL. Myron

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