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LOWRISK.COM
INVESTOR SENTIMENT SURVEY
10 / 4 / 98
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Below are the results of our weekly "Guess the Dow" sentiment survey. The
survey was taken from 9/21 through 9/27 on our web site.
Number of participants: 409
30 day outlook:
27% bullish, 37% last week
49% bearish, 53% last week
24% neutral, 11% last week
(percentages may not sum to 100 due to rounding)
Median guess for the DJIA closing value on Friday, 10/9: 7777 (it was 8020
last week). More complete sentiment data is available at
<http://www.lowrisk.com/sentiment.htm> .
Bullish and bearish sentiment both dropped this week. The neutral camp was
the big gainer this week, up 13% to 24%. Bearish sentiment remains very
high at 49%, but any decline in bearishness is very surprising given last
week's market drop. This leaves us thinking that the bulls are not out of
the woods just yet.
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
best regards,
Jeff Walker
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jwalker@xxxxxxxxxxx
http://www.lowrisk.com
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