Is it a bad news for the bulls? This analysis/analyst doesn't think so.
NAAIM Survey Analysis
Edited by Harapa, 04 December 2013 - 08:33 AM.
Posted 04 December 2013 - 08:32 AM
Edited by Harapa, 04 December 2013 - 08:33 AM.
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
Posted 04 December 2013 - 03:02 PM
Mark S Young
Wall Street Sentiment
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Posted 04 December 2013 - 03:29 PM
Thanks for your comments.At first glance, it was hard for me to pick out the signal in the data. I did, however.
The key is to look for BIG shifts Bullish from the most Bearish, and to 20% or more long.
That's Bearish. The last 5 signals have delivered immediately, though, only a couple immediately delivered more serious weakness.
The data, though, doesn't suggest much on an intermediate-term basis.
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
Posted 04 December 2013 - 07:47 PM
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter