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To: pater tenebrarum who wrote (34311)	5/22/2000 1:31:00 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 42523

Heinz: This survey supports your contention that a tradeable bottom is not far off. BTW, Don Hays is saying the same thing. -------------------------------------- LOWRISK.COM INVESTOR SENTIMENT SURVEY 5 / 22 / 2000 ------------------------------------------------ Below are the results of our weekly "Guess the Dow" sentiment survey. The survey was taken from 5/15 through 5/21 on the Lowrisk.com web site. Number of participants: 289 30 day outlook: 19% bullish, 43% previous week 54% bearish, 54% previous week 27% neutral, 4% previous week (percentages may not sum to 100 due to rounding) The median guess for the Dow closing value on Friday, 5/26: 10,800 (it was 10,227 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>. --------- A message from our sponsor ---------- Get Paid to Surf the Web! You really CAN make money just by surfing the web! And you don't need to invest a single penny. The checks are going out monthly...make sure to get yours! Start making money today: lowrisk.com ------------------------------------------------------ Last week's sentiment numbers showed a mass exodus of bulls, but they couldn't bring themselves to actually put themselves down as bears. Instead, they joined the neutral camp. Bullish sentiment dropped 24% to a very low 19%, while the neutral reading jumped 23 percentage points to end at 27%. Meanwhile, the bears stayed dead even at 54%. Last week was a rock and roll week for the markets with a down bias. The market started off strong early in the week, and then turned around and gave it all back later in the week. The Dow managed a small gain, while the SP500 and Nasdaq gave up ground. With a mixed market, it makes reading the sentiment numbers somewhat problematic. However, these numbers are starting to get fairly extreme...we have lots of bears and not many bulls. This is the third consecutive week with a bearish reading of greater than 50%. In the past when we have seen those types of numbers we have been within a week or two of a good bottom. The number of guesses we have been getting in the last few weeks has been dropping off. The more guesses we get, the better this sentiment data is, so please stop by and tell us what you think the market is going to do: lowrisk.com best regards, Jeff Walker