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

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To: kx who wrote (155)2/19/1999 11:46:00 PM
From: kx  Read Replies (1) of 167
 
990219 37% (BULL) 24% (BEAR), 39% (NEUTRAL)

The bullish market sentiment is now dropped from 48% to 37%. The CBOE PUT/CALL is at about 0.70 or above in the last 2 days. This is telling me that the market bottom is approaching.

Long term trend is up.
Medium trend is sideway.
Short term trend is down.
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