Poll
SPX WEEKLY POLL
Started by
rjo
, Oct 30 2015 02:47 PM
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2 replies to this topic
#2
csw2002
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- Traders-Talk User
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Posted 31 October 2015 - 04:30 AM
Wow, another lopsided poll. I commented 2 weeks ago that given lopsided (bearish) sentiment in weekly poll, we were probably due to rally hard and rally hard we did. I commented at the time that weekly pollees turned from the smart money to the dumb money, especially for lopsided polls. We again have a lopsided poll with most leaning bearish. I suspect we will get a huge gap up on Sunday night with the release of China Manufacturing PMI as the catalyst.
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#3
OEXCHAOS
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Mark S. Young
Posted 01 November 2015 - 12:27 PM
Tops are almost always tricky and/or painful affairs.
That said, lopsided sentiment readings are typically NOT well correlated with lopsided market moves.
Mark
Mark S Young
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