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Strategies & Market Trends : Investor sentiment surveys - a technical indicator -- Ignore unavailable to you. Want to Upgrade?


To: kx who wrote (164)4/2/1999 8:52:00 AM
From: kx  Read Replies (1) | Respond to of 167
 
990401 40% (BULL) 25% (BEAR), 35% (NEUTRAL).
990401 DJIA 9832.5
990401 S&P 500 1293.7

Well, there is not much changed in the sentiment from last week. The DJIA market this week managed to close above 10K and then fell. The market next week is still going to be trading in the range. For S&P500, the range is 1325 and 1268. For DJIA, 10100 and 9600. For Nasdaq, there is a good chance that it will break new high. If it does break new high, there is also very good chance that the S&P500 and the DJIA will follow. Otherwise the whole market will be in the range trading.

Long term trend is up.
Medium trend is up.
Short term trend is side-way.