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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (28884)1/20/2002 5:32:35 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Well I can't possibly bet on a turn down yet with such a bullish divergence going on. We have big inflows into bear funds and big outflows from bull funds. All while the indices have done nothing but range! Meanwhile the latest AAII survey has bulls dropping to 30% this week, the lowest readings since Sept.

Although I don't believe the down is quite done yet, when the time comes ( I bet late next week) I am fading it in SOIZE.-ng