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Re: sentiment - mixed



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JW;

Having worked for two mutual funds it is not what they
think and say it is what they do.  The two may not be
the same. Have you done an analysis of your poll to
determine if it correlates in any way with the market action?

Norman E. 


JW wrote:
> 
> Easily explained.  Barron's was reporting on an active polling of what money
> managers were saying.  TSC's was a web page survey based on the universe of
> subscribers who happened to visit their site and participated in the poll.
> Your polls are the same.  They encompass only those who happen to visit your
> site and actively choose to participate in your poll.  Barron's version
> probably has the most validity if only because these money managers can
> influence many others, rightly or wrongly.  OTOH, TSC's and your poll (with
> 389 random voters) don't have much, if any, statistical underpinning.
> 
> JW
> 
> -----Original Message-----
> From: owner-realtraders@xxxxxxxxxxxxxx
> [mailto:owner-realtraders@xxxxxxxxxxxxxx]On Behalf Of Jeff Walker
> Sent: Sunday, May 02, 1999 10:47 PM
> To: RealTraders Discussion Group
> Subject: MKT: sentiment - mixed
> 
> This data is still very puzzling, and conflicts with that reported by JW
> from Barrons and TSC...
> 
> ----------------------------------------------
> 
>                 LOWRISK.COM
> 
>          INVESTOR SENTIMENT SURVEY
> 
>                  5 / 3 / 99
> 
>      brought to you by Investormap.com
> the biggest directory of investing sites on the net.
>          http://www.investormap.com
> 
> ------------------------------------------------
> 
> Below are the results of our weekly "Guess the Dow" sentiment
> survey. The survey was taken from 4/26 through 5/2 on the
> Lowrisk.com web site.
> 
> Number of participants: 389
> 
> 30 day outlook:
> 
> 33% bullish,  21% last week
> 46% bearish,  46% last week
> 21% neutral,  33% last week
> 
> (percentages may not sum to 100 due to rounding)
> 
> Median guess for the DJIA closing value on Friday, 4/30: 10,885 (it
> was 10,335 last week). More complete sentiment data is available at:
> <http://www.lowrisk.com/sentiment.htm> .
> 
> Last week was a mixed week on Wall Street, and it was a mixed week
> in our sentiment readings. The Dow was up almost 1%, while the SP500
> fell 1.6%. On the sentiment front, bearish sentiment remained even
> at the very high level of 46%. However, bullish sentiment jumped 12%
> to end at 33%. The neutral camp dropped to 21%.
> 
> This is a tough week to read the sentiment data. A mixed market, a
> jump in bulls, and a high bearish reading all conspire to leave the
> water very muddy.
> 
> Please stop by to take part in this weeks survey at:
> 
> http://www.lowrisk.com/guess.htm
> 
> best regards,
> Jeff Walker
> 
> -----------------------------
> To subscribe to the email distribution of this report send
> mailto:gtd-request@xxxxxxxxxxxx with the word "subscribe" in the body of
> the message. Or stop by http://www.lowrisk.com/sentiment-sub.htm
> 
> jwalker@xxxxxxxxxxx
> 
> InvestorMap.com- THE investing directory  http://investormap.com
> Lowrisk.com- making sense of the market  http://www.lowrisk.com