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To: broadstbull who wrote (142806)1/10/2002 12:05:26 PM
From: sun-tzu  Respond to of 436258
 
yeah, i sure hope his time frame is a little longer or his writing career will be over rather quickly <G>

fwiw...i have a chart of the IIA superimposed on the S&P 500. sorry i can't reprint, it came from the Decision Point website. nonetheless, it has a pretty good correlation to the market going back to 1998. before that it wasn't nearly as accurate. suffice it to say, % bearishness per that study is at close to a ten year low.