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Below are the results of our weekly "Guess the Dow" sentiment survey. The
survey was taken from 2/9 through 2/15 on our web site.
Number of participants: 385
30 day outlook:
51% bullish, 56% last week
26% bearish, 20% last week
24% neutral, 24% last week
(percentages may not sum to 100 due to rounding)
Median guess for the DJIA closing value on Friday, 2/20: 8238 (it was
8095 last week). More complete sentiment data is available at
<http://www.lowrisk.com/sentiment.htm> .
Bullish sentiment DROPPED 5% to 51% last week. Bearish sentiment rose 6% to
26%. The neutral camp stayed even at 24%. While 51% bullish is a very high
reading, it is not dangerously high. Given the dramatic melt up in the
market last week, this drop in bullishness is sup rising. With this
tempering of euphoria last week, we suspect that the market still has some
room on the upside.
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
I am now publishing this data on a weekly basis via a mail list. To
subscribe send email to
wml-request@xxxxxxxxxxxx with the word "subscribe" in the body of the message.
best regards,
Jeff Walker
jwalker@xxxxxxxxxxx
http://www.lowrisk.com
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