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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (26667)	9/22/1999 11:58:00 AM
From: bobby beara	Read Replies (6) \| Respond to of 99985

Heinz, bearish sentiment is getting pretty thick here: This is from the latest Walker Market Sentiment pole: Bullish sentiment fell to an extreme low reading of 10% last week. This is the lowest we have seen since we started our sentiment survey in May 1997 (that is 124 weeks!). The prior low was on 4/18/99 at 12%. Bearish sentiment was also up in extreme territory at 64%. This is the third highest bearish reading ever...we twice had readings just 1% higher at 65%. Those readings were on 9/6/98 and 9/13/98.