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To: Tom Trader who wrote (10243)12/14/1998 1:29:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 44573
 
agreed...

TT yesterday Frank gave us a good read on the forks..his target TODAY was 1125-27,, i was surprised........since you're on a sell & so is GZ...i'm certainly not going against it...but we might get a technical rally anyway...



To: Tom Trader who wrote (10243)12/14/1998 1:29:00 PM
From: Doo  Read Replies (1) | Respond to of 44573
 
>>I'd like to see sentiment get a lot more bearish before I get on board buying stocks.<<

FWIW, numbers I watch on advisor sentiment are still butting up on 5 year extremes, on the bullish side. Bears have tempered a smidge, puts/calls as of Friday was still dangerously low against the bulls.

All in all, still way out of whack and indicative of more downside to come, IMO.

JW