Lowrisk 67% bears
#2
Posted 02 August 2007 - 12:22 AM
So, if there are a lots of bears that is bullish? Not.....Just the facts, Sir ( Old Dragnet TV line)Lowrisk.com
Bulls 23%, Bears 67%, Neutral 10%
This market started with the highest short interest.....From the lastest reporting (7/20/2007)....Source: The WSJ....9.3 Billion shares were sold short.....
#3
Posted 02 August 2007 - 06:22 AM
Mark S Young
Wall Street Sentiment
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#4
Posted 02 August 2007 - 09:01 AM
Mark,Paul,
Low Risk is a poll of small speculators. Mostly amateur market timers. In general they are very exploitable.
When this poll is excessive and agrees with some of my other sentiment work I consider it a set-up for a move.
This was coincident (Tuesday) with other measures telling us to look long yesterday, for a multi-day rally.
See my thoughts below.
It's just one piece of the puzzle but it's a pretty good one, still.
Mark
Please comment on this article.....The guys with the big bucks were wrong at this market top.....
#5
Posted 02 August 2007 - 09:27 AM
Mark,Paul,
Low Risk is a poll of small speculators. Mostly amateur market timers. In general they are very exploitable.
When this poll is excessive and agrees with some of my other sentiment work I consider it a set-up for a move.
This was coincident (Tuesday) with other measures telling us to look long yesterday, for a multi-day rally.
See my thoughts below.
It's just one piece of the puzzle but it's a pretty good one, still.
Mark
Please comment on this article.....The guys with the big bucks were wrong at this market top.....
I don't want to seem glib, but I only have time for a quick look at the article. It seems to support my feeling that such sentiment data isn't as reliable as what I'm already using. <shrug>
I've tried using that data before and it was tough for me to have confidence in my read.
Mark
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter