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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (3492)11/15/1997 12:02:00 AM
From: Ian@SI  Read Replies (2) | Respond to of 10921
 
John,

Maybe the bull/bear ration can go a little lower.

I'm speculating that today's rally was partially driven by Market Makers covering short positions before having to report. I believe that today is the day - last trading day before the 15th.

If so, they may start shorting again on Monday...

I'd be surprised if the bears have decided to just go away.

Ian.



To: Q. who wrote (3492)11/15/1997 8:42:00 AM
From: Sam Citron  Read Replies (1) | Respond to of 10921
 
JG, RE: SENTIMENT

Hold on there, partner. As of the above date and time I show a reading of 1.18 (7 day avg.) and a whopping 2.23 (24 hr.) What does that tell you?

Also Uncle Louis' Wall Street Elves just moved to +5, the most bullish that panel has been since 6/96. I have never heard Marty Zweig so bullish.

What are your other sentiment indicators saying, John?

SC


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