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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (46298)	5/6/2001 2:01:57 PM
From: John Trader	Read Replies (1) \| Respond to of 70976

Gottfried, Thanks for the info. Regarding the NYSE bullish percent, apparently we need a high number now to continue the run? At bottoms we need lots of bears, and therefore a low bullish percent. In between, I am not sure how to read it, but there is the argument that the market tends to climb a wall of worry, and if the bullish numbers get too high we are likely to be at at top. I am not sure how the "bear correction" status is assigned by Stockcharts.com. I checked the site a bit but did not find an explanation. John