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

To: nspolar who wrote (65814)	2/9/2003 4:15:26 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

Purely by chance I kept this small part from an EWI short-term text of about a month ago. I think that after a month they would not be pissed at me for posting it -g/ng. Anyway, they were wrong back then, but they they are still short. They use a wider stop than one I would. As far as sentiment goes, I don't have the current data - but I think that the overall picture hasn't changed too much. ...On Wednesday (Jan. 8) in [February Gold], Market Vane's Bullish Consensus hit 90%, a new record high since the 1980 all-time peak. The gold bulls have now been at or above 85% for the past 16 trading days (since Dec. 13), also another record. One or two days of extreme bullish sentiment may or may not signify a high is at hand. But presumably when there are 16 straight days of bullish extremes, everyone who is interested in buying gold has already done so, leaving the trend vulnerable to a reversal... Ski