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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (2586)12/29/1998 12:03:00 PM
From: marc ultra  Read Replies (2) of 15132
 
sentiment numbers

bulls 57.1%
bears 30.3%

bulls/(bulls+bears)=65.33 up a little from 63.44 last week

comment:still comfortably in "neutral zone". I tend to like it when breadth is a bit crappy, anything to keep the technicians cautious helps keep sentiment from getting excessive while I'm still able to make some money. I've pretty much decided if we hit 70 on any reading I'm going to strongly consider some defensive action. This indicator's just been too good at calling corrections lately. My best hope is we have a strong January and can get through it without excessive bullish sentiment

Marc
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