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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: dpl who wrote (4474)3/8/1998 9:59:00 PM
From: Gordon A. Langston  Respond to of 18691
 
The Bears are catching up to the Bulls in the SI survey and more importantly lest we forget the Broncos won the Super Bowl.



To: dpl who wrote (4474)3/8/1998 10:07:00 PM
From: Gokhan Gezmisoglu  Read Replies (2) | Respond to of 18691
 
> Fear and greed can be measured.The main reason this market
> keeps going up is there is not the level of bullishness
> (greed)there is at important tops.

> At every major market top the max people
> are bullish and at every bottom the max are bearish.It always
> has been this way and always will.I went 100% long in my LT
> accounts in 1994 because we had the most bearishness since 1982.
> When we have the bullishness as seen in 1987,1973 etc then
> this market will end.The market is not random.

It can not be measured. None of us have the access to public
sentiment out there. It is always easier to talk after the
fact. Too much bullishness in 1973,1987 etc.

To me there is too much bullishness right now, and there was
too much bullishness 1 year ago or 2 years ago. Maybe
your indicators are better than mine or you were just luckier.