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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (19525)5/4/1999 4:36:00 PM
From: Mr. BSL  Read Replies (1) of 34811
 
Anyone else concerned about the high sentiment? I have bulls below 55% on only 3 occasions (weeks) since last Thanksgiving. I see the mutual fund cash balances are also in the cellar. The broadening out of the market has been impressive and the internuts are great long term holds but I'm moving up my mutual fund stops real close. Hate to punt on 3rd down when we have fairly good field position but this high sentiment has to give way to a correction sooner or later!

Just one man's humble opinion.
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