via email from Jas Jain:
Scam Market Bullies At a Record
October 17, 2007
Bulls above 60% (62%) and bears below 20% (19.3%) has triggered many a bear markets. We will see how this one turns out.
Date Bulls Bears
17-Oct 62 19.3
10-Oct 60.2 21.5
3-Oct 56.5 25
26-Sep 55.6 25.6
19-Sep 53.9 27
12-Sep 48.3 31
5-Sep 42.9 37.4
29-Aug 41.7 37.4
22-Aug 40.6 37.4
15-Aug 43.8 32.6
http://www.schaeffersresearch.com/streetools/market_tools/inv_intel.aspx
Graph attached.
Jas
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