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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (4589)	9/18/2000 6:18:12 PM
From: bobby beara	Respond to of 19219

Below are the results of our weekly "Guess the Dow" sentiment survey. The survey was taken from 9/11 through 9/17 on the Lowrisk.com web site. Number of participants: 347 30 day outlook: 21% bullish, 32% previous week 60% bearish, 54% previous week 19% neutral, 14% previous week (percentages may not sum to 100 due to rounding) The median guess for the Dow closing value on Friday, 9/22: 10,986 (it was 11,200 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 note from our sponsor ------------------- Make the most of your money by visiting Quicken today! Track your favorite stocks, receive personalized financial news and evaluate companies step-by-step the way the experts do. And you can do it all for free! Check it out today: lowrisk.com ------------------------------------------------------ The bearish sentiment reading climbed even higher last week, rising 6% to end at 60%. This is one of the highest bearish readings that we have recorded since we started our sentiment survey in May, 1997. Our only prior readings that have been higher were: 09/06/98, 65% 09/13/98, 65% 08/08/99, 61% 09/19/99, 64% It is worth noting that not all of those prior dates marked a bottom. For instance, the market had a very significant decline just after that 9/19/99 reading. Nevertheless, these types of highly bearish readings are a good signal that we should start to look for at least a short term bottom. The more participation we get in this survey, 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