6 replies to this topic

[sjj]

I'm counting 20 bulls and 10 bears. I consider this an early warning alert that the market is due for a correction.

[IndexTrader]

No kidding. Didn't they miss the entire move up? Not to mention many of these guys have a bearish bias. IT

Edited by IndexTrader, 16 January 2007 - 01:44 PM.

[SimpleTone]

Really? I haven't heard a peep out of anyone in a month.

[sjj]

Index, Just did another hand count - 20 bulls and 10 bears - and of course a bunch of neutral. My count is only as good as the information provided on the site. P.S. - I love Ike's service. Although I use the ratio in a contrarian way, I find the information provided very valuable and enjoyable.

Edited by sjj, 16 January 2007 - 02:06 PM.

[IndexTrader]

Index,

Just did another hand count - 20 bulls and 10 bears - and of course a bunch of neutral. My count is only as good as the information provided on the site.

P.S. - I love Ike's service. My use of the ratio in a contrarian has nothing to do with the good informaion provided by the guests.

I understand....I doubt Ike would have a problem if you're using the data in a way that works. That's why I asked if they had been bearish all the way up. They are still a group, albeit a professional group. And as I recall somewhat bearishly inclined. That's what makes this reading interesting.

IT

Edited by IndexTrader, 16 January 2007 - 02:07 PM.

[sjj]

Message deleted by sjj.

Edited by sjj, 16 January 2007 - 02:21 PM.

[OEXCHAOS]

Ike has been out of the country for a bit. I'm not sure how many opinions are up to date. I know that I've not talked with him since before Christmas. Mark