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14% Bears face extinction near decade lows?


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#1 Rogerdodger

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Posted 11 February 2009 - 09:04 PM

10% drop in bears from last week!!!
While SPX dropped 34 points?
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#2 Iblayz

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Posted 11 February 2009 - 09:08 PM

Thanks BS.....uh...I mean....RD....

#3 Rogerdodger

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Posted 11 February 2009 - 09:13 PM

BS keeps me sane. :lol:

#4 dcengr

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Posted 11 February 2009 - 09:18 PM

BS keeps me sane. :lol:


Its still amuses me when I think about how her hemline indicator marked almost the exact top.
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#5 Rogerdodger

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Posted 11 February 2009 - 09:21 PM

marked almost the exact top


Exact bottom. :wub:

#6 thespookyone

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Posted 11 February 2009 - 11:19 PM

The strong handed bears are few-but it's more fun to split the money less ways. :)

#7 BWTrader

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Posted 12 February 2009 - 06:28 AM

Careful, Spooky. They haven't hatched yet. :)

http://pbskids.org/c...r_chickens.html


BW


The strong handed bears are few-but it's more fun to split the money less ways. :)



#8 ogm

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Posted 12 February 2009 - 06:58 AM

Complacency. The bottom is in. Can't get worse. No reason to be bearish. Right ?

#9 OEXCHAOS

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Posted 12 February 2009 - 08:42 AM

You seem to be the only one saying that... But that crew, is leaning pretty hard. I was Bullish in their poll too. After Monday, I'm open to selling so long as we don't get a rally with volume in here. Liquidity is coming. Big liquidity. It's good to be Bearish in a down trend. Just remember there's a give back at the end. Don't underestimate it and don't ignore it when it comes. I suspect it is coming quite soon. Mark

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#10 ogm

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Posted 12 February 2009 - 08:52 AM

I think a lot of people are quite contempt that we have hit the bottom in October, have loaded up on stocks and are waiting for the big whoopty do rally to begin any day now. Plenty of room for dissapointment. We have all positive new that you can imagine come out. Fed is backstopping eveything, government working on a new plan every day, the congress is passing a big bailout bill, etc. And we're still sitting near the lows. I think that bearish. There is no anticipation of improvement in actual market action, but plenty of hope to go around.

Edited by ogm, 12 February 2009 - 08:53 AM.