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BYU71 · 02-27-2008, 10:06 PM

way of interest. I want to empasize as strongly as I can I am not making any recommendation nor do I really want any of you as a client. I weeded out all my pain in the ass clients and I am too old to take some on now.

Since 8/17/1990 there have been 4 previous times where what is known as the Bearish sentiment has hit over 55%. The lowest return on the S&P 500 over the next 12 months was 17.90% and highest 39.11% The bearish sentiment hit 59% on Jan. 24th of this year. The market is up 3.5%.

It certainly doesn't mean the market will go straight up from that date and it could be down a year from now and then the statistic will be 4 out of 5 times.

02-27-2008, 10:06 PM	#1
BYU71 Senior Member Join Date: Jan 2006 Posts: 5,084	I am providing this information by way of interest. I want to empasize as strongly as I can I am not making any recommendation nor do I really want any of you as a client. I weeded out all my pain in the ass clients and I am too old to take some on now. Since 8/17/1990 there have been 4 previous times where what is known as the Bearish sentiment has hit over 55%. The lowest return on the S&P 500 over the next 12 months was 17.90% and highest 39.11% The bearish sentiment hit 59% on Jan. 24th of this year. The market is up 3.5%. It certainly doesn't mean the market will go straight up from that date and it could be down a year from now and then the statistic will be 4 out of 5 times.