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TT Fearless Forecasters Sentiment Extreme Reading


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#1 Douglas

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Posted 08 November 2021 - 12:20 PM

I believe today makes five days in a row with zero bears, zero partially short and zero fully short in the daily Fearless Forecasters poll.  I cannot recall such a similar long stretch with triple zero bears.  Please comment and correct me if and when this has occurred previously since my memory is not what it used to be (nor anything else on this old carcass for that matter).  This would seem to be an extreme in bullish sentiment worth noting.  

 

Regards,

Douglas



#2 OEXCHAOS

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Posted 08 November 2021 - 05:22 PM

This is very likely a first, but participation is down. Also, Bears are disgusted. There undoubtedly some with some shorts but they don't want to think about 'em!

 

Mark


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#3 opinionated

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Posted 09 November 2021 - 08:45 AM

I remember in 1999/2000 the relentless bull that took so many peoples money. Mine included!  I think it went on from like October to March if my mind still serves me. I and many others kept throwing money to the short side and we'd get a hint of a pullback an about the time we'd add then bam the nest 10-15 point pop would happen. The Old Wall Of Worry phrase coined I believe...   So the money I lost that year has stuck with me and I'm reminded every time I start to even say to myself (It Can't) We better remember OHhh yes it can.

 

I don't know the solution, but we should keep those days in mind.  I know... Times are Different... I could not agree more! Meaning... They Are Even More Crooked.



#4 12SPX

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Posted 09 November 2021 - 08:55 AM

Ya agree hard to go by with it barely anyone voting.  I guess I should but I'm never bullish or bearish for any given day cause I'll flip.  This is my longest short hold in awhile but I'm okay with it as I was in 2000, 2008 and especially 2020.  This is no different except that its setting itself up for another disaster as no rationality exists.  Bull markets are built on a wall of equality not on one directioneness.  New word lol!!  As long as you get 1-2% pullbacks along the way you can go on forever, when your straight up like this you know when it ends it will be ugly!! 


Edited by 12SPX, 09 November 2021 - 08:56 AM.


#5 pdx5

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Posted 09 November 2021 - 12:03 PM

Never get in the way of a bull stampede. Yes, we all know the stampede always ends,

but trying to guess the apex is not wise. Just like in 2000, when the internet bubble crashed,

the next one will also crash fast and furious. May be faster because there are far more newbies

in the market now than in 2000. They have never experienced a serious correction.


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#6 qqqqtrdr

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Posted 09 November 2021 - 09:42 PM

I got mixed signals on my charts, but given the 1.2 trillion being put into the economy, and my momentum signals are quite strong to overcome the sell I have on sentiment, so at the moment I am staying long...  Breadth of the market is improving... GDP for Q4 is like at 6.3 percent as well.  If we have a disaster, my charts indicate it will be next year...



#7 OEXCHAOS

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Posted 11 November 2021 - 10:03 AM

I got mixed signals on my charts, but given the 1.2 trillion being put into the economy, and my momentum signals are quite strong to overcome the sell I have on sentiment, so at the moment I am staying long...  Breadth of the market is improving... GDP for Q4 is like at 6.3 percent as well.  If we have a disaster, my charts indicate it will be next year...

If we have a problem coming, it should show up in the financial commercial paper.


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