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Below are the results of our weekly "Guess the Dow" sentiment survey. The survey
was taken from 7/14 thru 7/20 on our web site. If you would like to participate
in this weeks survey/contest, stop by <http://www.lowrisk.com/guess.htm> .
30 day outlook:
58% bullish, 57% last week
17% bearish, 14% last week
25% neutral, 29% last week
(percentages may not sum to 100 due to rounding)
Average guess for the DJIA closing value on Friday, 7/25: 8020 (it was 7957
last week). More complete sentiment data is available at
<http://www.lowrisk.com/sentiment.htm> .
This week's sentiment numbers were again strongly bullish. Overall, the numbers
were very similar to last week. The bulls picked up 1% and the bears actually
picked up 3%. Neutral sentiment fell 4%. The bullish reading of 58% is the
highest we have seen yet in our Guess the Dow sentiment survey. With relatively
little change in sentiment from last week, it is difficult to read very much
into this survey. But the preponderance of bulls over bears does make us a bit
cautious about the immediate prospects for this bull market.
We now have three sponsors for our contest this week. Weekly winners will now
receive a two month subscription to the Early Bird Club at the Short Term Stock
Selector AND a one year subscription to The Blue Star List AND a one year
subscription to Jack's Picks.
If you would like to try this weeks "Guess the Dow" contest, stop by our site
at: <http://www.lowrisk.com/guess.htm> .
regards,
Jeff Walker
jwalker@xxxxxxxxxxx
http://www.lowrisk.com
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Lowrisk Market Analytics
12081 W. Alameda Pkwy, #119
Lakewood, CO 80226
303-980-1168
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