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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (666)	9/2/1998 10:22:00 PM
From: marc ultra	Read Replies (3) of 15132

re:bullish sentiment now below 50%. While I strongly subscribe to the bullish implications of this there might be a bearish interpretation if one was so inclined. It is known that when a market turns bullish and bullish sentiment starts to rise that once it crosses above 50% this has often signaled an acceleration of buying as sideline money starts to pour in. I don't know if the same phenomena has occurred on the bear side but if it did one so inclined might say that this crossing to over 50% bearish will now signal accelerated selling in an ongoing bear market. Of course this is so unlikely that I have no intention of sharpening those pencils for sale Marc

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