To: Haim R. Branisteanu who wrote (37195 ) 2/6/1999 1:07:00 PM From: James F. Hopkins Read Replies (1) | Respond to of 94695
I agree; and don't put a lot of faith in them, however I have gotten use to the bull/bear ratio on SI, and do use it in a contraian method & when it goes to extremes it has been a fairly good indicator. The market tends to fall when it get really bullish, and go up when it gets bearish. I don't hang my hat on it but I don't just blow it off either. If it's not confirming my other indicators then they become somewhat questionable. At this time while mostly I see some more downside the MM money and bull/bear ration is not confirming that ( at this time. ) So like I said I see a chance of a bounce. -------------------- The smos at the race track that bet every race are the losers, & I've watched them for years. They don't understand odds, but think they do. And they never know when to pass. Seeing a toss up race at the track ( and many are ) but having the patience to wait until the crowd goofs up and leaves some high odds on the tote board on a good runner, because of their sentiment and emotion are the only bets I take. My problem with the market seems to be more in selling my picks, or closing my shorts to soon. The market seems to go to more extremes than I count on once I'v got money in it. However when I do put money in it , it generally at least goes the direction I'm betting on. I hit at least 4 out of 5 bets, thing is I seldom try to knock one out of the park, and often see with hind sight that I should have held my position longer. It's like I'm a good base hitter but not so good at home runs because I still chinch up. Do you remember my short MDY long SPY style if I think the market is going down, but not really sure, from some back.quicken.excite.com It works. Jim