To: pater tenebrarum who wrote (38705 ) 1/31/2000 7:06:00 PM From: Crimson Ghost Read Replies (2) | Respond to of 99985
Alarming Sentiment Numbers: LOWRISK.COM INVESTOR SENTIMENT SURVEY 1 / 31 / 2000 --------------------------- Below are the results of our weekly "Guess the Dow" sentiment survey. The survey was taken from 1/24 through 1/30 on the Lowrisk.com web site. Number of participants: 348 30 day outlook: 45% bullish, 34% previous week 34% bearish, 40% previous week 21% neutral, 26% previous week (percentages may not sum to 100 due to rounding) The median guess for the Dow closing value on Friday, 2/4: 11,123 (it was 11,560 last week). More complete sentiment data is available at: <http://www.lowrisk.com/sentiment.htm>. Historical sentiment data is available at: <http://lowrisk.com/sentiment-hist.htm>. ------------------------------------------------------ Wow! The latest sentiment numbers are a shocker. Last week the Dow fell 512 points, but investor sentiment grew considerably more bullish. Bullish sentiment jumped from 34% to 45%, and bearish sentiment fell from 40% to 34%. Meanwhile, neutral sentiment slipped from 26% to 21%. There is only one word for this sentiment picture...and that is UGLY! Last week we warned that the sentiment picture looked bad for the bulls, as sentiment numbers showed investors taking a ho-hum approach to a 470 point drop. But this week's numbers are absolutely shocking. The Dow gave up an additional 512 points and the Nasdaq fell almost 10% last week, yet we saw a big jump in bullishness. This complancency is alarming. Please stop by and put in your opinion on the market...the more participation we get, the better our sentiment data. Please stop by to take part in this week's survey at: <http://www.lowrisk.com/guess.htm>. best regards, Jeff Walker