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Below are the results of our weekly "Guess the Dow" sentiment survey.
The survey was taken from 11/24 through 11/30 on our web site.
Number of participants: 341
30 day outlook:
44% bullish, 39% last week
34% bearish, 48% last week
22% neutral, 14% last week
(percentages may not sum to 100 due to rounding)
Median guess for the DJIA closing value on Friday, 12/5: 7805 (it
was 7740 last week). More complete sentiment data is available at
<http://www.lowrisk.com/sentiment.htm> .
Sentiment turned more bullish this week. The bears increased from 39%
to 44%. Bearishness dropped dramatically from 48% to 34%. The neutral
camp gained 8% to 22%. In light of the flat market conditions last
week, the dramatic drop in bears has us approaching this week
cautiously.
To try this week's contest, stop by: http://www.lowrisk.com/guess.htm
More sentiment data is at: http://www.lowrisk.com/sentiment.htm
regards,
Jeff Walker
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The Walker Market Letter - a free mutual fund newsletter
http://www.lowrisk.com
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