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To: Trader X who wrote (13202)	4/7/1998 11:51:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 17305

There appears to be divergence...suggesting to me anyway that something has to give. Looking back on the chart shows that they seemed to walk hand-in-glove over the months. Here's another sentiment indicator....taken from an e-mail I received Monday morning. ~~~~~~~~~~~~~~~~~~~~~~~~ ---------------------------------------------- LOWRISK.COM INVESTOR SENTIMENT SURVEY 4 / 5 / 98 ------------------------------------------------ Below are the results of our weekly "Guess the Dow" sentiment survey. The survey was taken from 3/30 through 4/4 on our web site. Number of participants: 353 30 day outlook: 64% bullish, 43% last week 11% bearish, 41% last week 25% neutral, 16% last week (percentages may not sum to 100 due to rounding) Median guess for the DJIA closing value on Friday, 4/10: 8983 (it was 8912 last week). It appears that last week was the week that all the bears threw in the towel. Bullish sentiment surged 21% higher to 64%. Bearish sentiment almost completely dried up, dropping 30% to 11%. Neutral sentiment gained 9% to 25%. The extremes in both bullish and bearish sentiment have us looking for some pullback this week. We have not seen these types of sentiment numbers since the top in August. Please stop by to take part in this weeks survey at: lowrisk.com More sentiment data is at: lowrisk.com best regards, Jeff Walker