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Tickersense most bearish since September '08


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#1 Rogerdodger

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Posted 20 January 2010 - 12:00 AM

Tickersense is the most bearish it's been since last September.
"Bloggers are bearish and decided this week, there were no neutral responses."
Was Friday's selling the cause?


Posted Image

Beginning last week they were also bearish 25% vs 44%.
Then Wednesday AAII reported 64% bullish.
On Friday TSP jumped to 58% vs 25% for it's 7th SELL signal in a row (since SPX 1106)

#2 pdx5

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Posted 20 January 2010 - 03:14 AM

China drops sharply today....any one know why?
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 VermeerUK

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Posted 20 January 2010 - 06:24 AM

China drops sharply today....any one know why?



China telling banks to curb new loans/lending.

Regards.V

#4 zoropb

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Posted 20 January 2010 - 09:41 AM

China drops sharply today....any one know why?

20 times earnings (happy books) is 1900-2100 on SSEC currently 34 times. This is an accident waiting to happen. :lol: I do not trade on this but one cannot ignore it LT

btw my fill came in on Europe open 1140.50 from 1144.50 flat awaiting
dumped the oil short and re-shorted this morning also. 1.1 total on the short so far 9.45 fwiw

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#5 zoropb

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Posted 20 January 2010 - 10:11 AM

just dumped half oil short .50 more= 9.70 overall not sure here will re-short it after the pop or maybe tomorrow

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.