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Below are the results of our weekly "Guess the Dow" sentiment survey.
The survey was taken from 11/10 thru 11/16 on our web site. If you
would like to participate in this weeks survey/contest, stop by
<http://www.lowrisk.com/guess.htm> .
Number of participants: 336
30 day outlook:
33% bullish, 38% last week
36% bearish, 41% last week
31% neutral, 21% last week
(percentages may not sum to 100 due to rounding)
Median guess for the DJIA closing value on Friday, 11/14: 7562 (it
was 7524 last week). More complete sentiment data is available at
<http://www.lowrisk.com/sentiment.htm> .
Sentiment was somewhat muddled last week. The biggest move was neutral
sentiment, which grew from 21% to 31%. That 10% gain came at the
expense of the bulls and bears equally. The bulls lost 5% and the
bears lost 5%. A preliminary look at our past data shows this to be
the first week where we have seen both bullish AND bearish sentiment
drop.
Winners of our weekly "Guess the Dow" contest receive a complimentary
quarters subscription to the RBI Trader's Weekly. If you would like to
try this weeks "Guess the Dow" contest, stop by our site at:
<http://www.lowrisk.com/guess.htm> .
best regards,
Jeff Walker
mailto:jwalker@xxxxxxxxxxx
http://www.lowrisk.com
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