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


To: Psycho-Social who wrote (69399)2/17/2001 2:23:56 PM
From: bobby beara  Respond to of 99985
 
3 people agreed with me. Now I'm worried! LOL>>>

you can never use sentiment as your only indicator,

the market sentiment on nasdaq was way overdone all the way up from late 98 thru march 2000, contrarians were dirt at that time.

the low vix and put/call ratios, had a lot of people thinking that july 99 was a major top, but then after the correction, we had the blow-off out of lg's 90 channel