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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (39971)	10/2/2002 11:16:21 AM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

I really like this roadmap, courtesy of Shack. A little pop above 8000, and then 860-1060 points down. marketswing.com From your link: As far as market direction, Investors Intelligence tracks the sentiment of 130 investment advisers. Last week's survey showed bulls outnumbering bears, 42% to 34%, a bearish sign for stocks. With the increasing rate of selling climaxes, Burke believes markets will hit a low in October and rally through the end of the year. Burke points out that advisers were too quick to turn bullish after the July lows. At true market bottoms, he points out, pessimism is more prolonged. "In 1994, bears outnumbered bulls for 45 straight weeks into February of 1995," he says. "From that point on, it was off to the races."