56% Bulls vs 18% Bears

Discussion in 'Trading' started by waggie945, Jul 9, 2003.

  1. Latest Investors Intelligence Poll.

    3 weeks ago, there were almost 80% Bulls, the highest number since 1988.

    Michael Burke surveys a total of 110 newsletters, of which 75% are weekly.

    Burke says that this period reminds him of the cyclical bull markets that occured during a secular bear market, ala:
    1966-1982

    Also, Insider Buying is showing the second worst pessimism since 1986. This info comes from Argus-Vickers.