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Below are the results of our weekly "Guess the Dow" sentiment survey.
The survey was taken from 9/15 thru 9/21 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:
47% bullish, 38% last week
23% bearish, 43% last week
30% neutral, 20% last week
(percentages may not sum to 100 due to rounding)
Average guess for the DJIA closing value on Friday, 9/26: 7874 (it
was 7777 last week). More complete sentiment data is available at
<http://www.lowrisk.com/sentiment.htm> .
This week's numbers took a turn towards the bulls. This is not
surprising given the markets strong rally last week. The bulls
increased by 9%, while the bears dropped 20%. The neutral camp jumped
10% to 30%. So essentially, the bears threw in the towel last week
with half going to the bulls and half to the neutral camp. The bullish
numbers are not overwhelming right now and are not particularly
alarming, seemingly leaving room for continued rally.
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
mailto:jwalker@xxxxxxxxxxx
http://www.lowrisk.com
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