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MKT: sentimenet - bullish



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Traders,

Here is this weeks numbers:



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                LOWRISK.COM 

         INVESTOR SENTIMENT SURVEY

                 3 / 23 / 98

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Below are the results of our weekly "Guess the Dow" sentiment survey. The
survey was taken from 3/16 through 3/22 on our web site. 

Number of participants: 347

30 day outlook:

64% bullish,  33% last week
23% bearish,  31% last week
13% neutral,  35% last week

(percentages may not sum to 100 due to rounding)

Median guess for the DJIA closing value on Friday, 3/27: 8747   (it was
8560 last week). More complete sentiment data is available at
<http://www.lowrisk.com/sentiment.htm> .

Bullish sentiment surged 31% this week to 64%. Bearish sentiment dropped to
23%, while the neutral camp dropped to 13%. While this is to be expected in
the wake of last weeks rallies, we consider readings of 60%+ to be
dangerously high. The current market has a lot of momentum, but this type
of sentiment reading usually marks impending weakness.

Please stop by to take part in this weeks survey at:
http://www.lowrisk.com/guess.htm
More sentiment data is at: http://www.lowrisk.com/sentiment.htm

best regards,
Jeff Walker

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jwalker@xxxxxxxxxxx

http://www.lowrisk.com