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Re: sentiment - bears gain



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Plus the fact that the voting of random site visitors is not statistically relevant
anyway...

JW
abprosys@xxxxxxx

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> From: Kovacs, Ross R <KOVACSRR@xxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: FW: sentiment - bears gain
> Date: Tuesday, September 09, 1997 8:10 AM
> 
> Comment on survey:
> 
> It has been said time and again that survey results can differ 
> dramatically from actual positions taken by traders.  I readily admit 
> that I have a bearish 30 day outlook.  But my head rules my gut.  The 
> stock market has continually rewarded those that buy on dips for quite 
> a while now.  Until the market changes its actions and gives me a good 
> whipping for following it's most recent lessons, I will overrule my 
> bearish gut and continue to buy on dips.  Therefore, I would answer a 
> survey bearishly, but buy until the market tells me not to.
> 
> Ross
> 
> ----------
> From:  jwalker@xxxxxxxxxxx[SMTP:jwalker@xxxxxxxxxxx]
> Sent:  Monday, September 08, 1997 2:59 AM
> To:  realtraders@xxxxxxxxxxxxxx
> Subject:  MKT: sentiment - bears gain
> 
> Below are the results of our weekly "Guess the Dow" sentiment survey.
> The survey was taken from 8/31 thru 9/6 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:
> 
> 39% bullish,  53% last week
> 46% bearish,  23% last week
> 15% neutral,  23% last week