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


To: pater tenebrarum who wrote (26674)9/22/1999 12:34:00 PM
From: LTK007  Read Replies (2) | Respond to of 99985
 
<<Bobby, i agree all the polls show somewhat excessive bearish sentiment. but don't forget that the market kept on
rising on excessive bullish sentiment for most of this year>> I personally don't think the contrarian view is written in stone,that without exception when sentiment swings heavily to one attitude the other attitude will prevail--maybe the hanwriting on the wall is finally getting legible enough to be read:)
My broker says that the chit-chat among fellow brokers has never been so worrisome in his 20 years of being a broker.
He works for a bullish firm,and they recently upped their equity position to 65% recommendation,and he just said "they're crazy!" Max90