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lowrisk.com weekly sentiment survey
interesting from a contrary perspecitve,.....JIM
(P.S. I have no affiliation,..etc with these guys)
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INVESTOR SENTIMENT SURVEY 1 / 31 / 2000
The survey was taken from 1/24 through 1/30
Number of participants: 348
30 day outlook:
45% bullish, 34% previous week
34% bearish, 40% previous week
21% neutral, 26% previous week
Wow! The latest sentiment numbers are a shocker.
Last week the Dow fell 512 points, but investor sentiment grew
considerably more bullish. Bullish sentiment jumped from 34% to 45%,
and bearish sentiment fell from 40% to 34%. Meanwhile, neutral
sentiment slipped from 26% to 21%.
There is only one word for this sentiment picture...and that is
UGLY! Last week we warned that the sentiment picture looked bad for
the bulls, as sentiment numbers showed investors taking a ho-hum
approach to a 470 point drop. But this week's numbers are absolutely
shocking. The Dow gave up an additional 512 points and the Nasdaq
fell almost 10% last week, yet we saw a big jump in bullishness.
This complancency is alarming.
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