7 replies to this topic

[da_cheif]

TSP sentiment bulls dropped to 39% last week. One of of only 3 readings under 40 since last September

TSP sentiment

 

 

watch the sky

Edited by da_cheif, 12 July 2021 - 07:38 PM.

[RadioHead]

There is no correlation between TSP and S&P. Surveys change, S&P goes up. We dont need an excuse for a bullish case. I stay long no matter what. Just like all my friends and relatives through their pension funds. They dont even know they are long the market. They dont even know what the market is. But they are long. Do you really think a survey like that will change the market? This is nonsense.

[fib_1618]

There is no correlation between TSP and S&P. Surveys change, S&P goes up. We dont need an excuse for a bullish case. I stay long no matter what. Just like all my friends and relatives through their pension funds. They dont even know they are long the market. They dont even know what the market is. But they are long. Do you really think a survey like that will change the market? This is nonsense.

 

I don't know about that...but it's worked for him for close to 50 years and earned him close to 20 Timer Digest awards!

 

Fib

Edited by fib_1618, 13 July 2021 - 07:32 AM.

[12SPX]

Interesting, that's quite a change.  I go more on option sentiment which is still raging bullish but I'm just looking for volatility!! 

[da_cheif]

 

There is no correlation between TSP and S&P. Surveys change, S&P goes up. We dont need an excuse for a bullish case. I stay long no matter what. Just like all my friends and relatives through their pension funds. They dont even know they are long the market. They dont even know what the market is. But they are long. Do you really think a survey like that will change the market? This is nonsense.

 

I don't know about that...but it's worked for him for close to 50 years and earned him close to 20 Timer Digest awards!

 

Fib

 

what amazez me are these back seat part time market analysts who are quick to get defensive......being bearish and worried about the stock market is easy anybody can do it.......apparently they dont trust the bus driver whos been doing it all his life.....if somebody wanted the services of a brain surgeon he sure wudnt want to second guess the doc now would he?

[gilford]

I'm long and all about "watch the sky" but dont see how this TSP thingy helps the bull case on the last print. The previous 2 prints where Bulls were > 60% happened during a nice bull run. So just based on that I would say this survey is not contrarian. Anyway doesnt matter - JUST BUY STONKS!!! LOL. 

[da_cheif]

I'm long and all about "watch the sky" but dont see how this TSP thingy helps the bull case on the last print. The previous 2 prints where Bulls were > 60% happened during a nice bull run. So just based on that I would say this survey is not contrarian. Anyway doesnt matter - JUST BUY STONKS!!! LOL. 

how about AAII  more bears than bulls  and cnn fear greed index in the fear zone

Edited by da_cheif, 13 July 2021 - 07:53 PM.

[OEXCHAOS]

So long as financial commercial paper is yielding 11 bp, it's hard to make a case for a decline that lasts long. Even a doubling in the long yield had no effect at all that I could see.

 

M