Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: lisalisalisa who wrote (74411)	5/22/2003 7:00:33 PM
From: High Country Trader	Read Replies (1) \| Respond to of 209892

.....>>> weren’t they preceded by some astonishing number of consecutive weeks that showed more bears than bulls?....<<< Very true and you make good points in your post. There was something like 50 of 55 weeks during 81 and 82 where there were more bears than bulls and 31 straight weeks in 1974. Sentiment indicators are so en vogue now though and I doubt we will get sentiment bottoms like in the past. Maybe at the end of the secular bear, if then. The Elves on Wall Street Week used to be a good fade until the late 90s where they were right for years. Then you have that monthly poll of Wall Street strategists at Merrill Lynch. That got skewed when the strategists just remained bullish month after month in one of the greatest bears of all time. And how about the shorting activities of the specialists vs. the public on the NYSE? Another sentiment indicator sent to the junkyard the past few years. Hard to use some sentiment indicators anymore when all you have are broken record bulls or bears.