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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (4786)4/30/1998 12:28:00 PM
From: Boca_PETE  Read Replies (2) | Respond to of 42834
 
I2 and ALL: RE:<Bullish Advisers dip a tad under 70%>

Today's Investors Business Daily reports 53.8% of advisors are Bullish and 23.5% of advisors are Bearish. Thus, as a percent of Bulls + Bears, 69.6% of investment advisors are Bullish - just under the 70% Brinker defined danger level. My calculations show that the 4-week moving average level of advisor bullishness stands at 69.8%.

Looks like the slight pullback we've just experienced had little effect on the level of advisor bullishness.

P