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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (25779)10/5/2002 2:12:17 PM
From: the navigator  Read Replies (1) | Respond to of 34810
 
"more bears than bulls couple weeks in a row"

that's pretty optimistic...



To: Rich1 who wrote (25779)10/9/2002 11:15:42 AM
From: Bwe  Read Replies (3) | Respond to of 34810
 
Week 1 of more bears than bulls, however, mostly all the bulls who changed their investment posture turned cautious, not outright bearish.

Bulls: 31%
Bears: 39.1%
Correction: 29.9%

Chartcraft Commentary
"The % of bears are now above the bulls for the fifth week this year, but current readings are still below the 40.2% high reading for 2002 and way, way below the 55%+ number we
normally see before bear markets end."

Bruce


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