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

To: Gokhan Gezmisoglu who wrote (4488)	3/8/1998 10:14:00 PM
From: Roger A. Babb	Respond to of 18691

GG, I was convinced we were at the market top in January. I was certain of it in early February. I gambled on it again after the INTC news. Now I am just confused................

To: Gokhan Gezmisoglu who wrote (4488)	3/8/1998 10:24:00 PM
From: dpl	Read Replies (1) \| Respond to of 18691

>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. < In 1987 the advisers that were bearish was 12%.In march 1988 just as the market took off the percent that were bullish was 19%. These numbers go back to the mid 1950's.In every market bottom a huge percent is bearish and every market top very few are bearish.In 1994 the numbers were almost exactly the same as 1982. You can get these readings from Investors buisness daily.