That's almost a Sell, but with the caveat that sells aren't very good. LOL!
AAII at Nearly 2:1 Bulls: Bears.
Started by
OEXCHAOS
, Jun 15 2023 12:18 PM
11 replies to this topic
#1
OEXCHAOS
-
- Admin
- 22,041 posts
Mark S. Young
Posted 15 June 2023 - 12:18 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
#2
pdx5
-
- Traders-Talk User
- 9,530 posts
I want return OF my money more than return ON my money
Posted 15 June 2023 - 12:37 PM
Yes! Never fight a invigorated bull!
Does any one have a chart showing margin debt?
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#3
da_cheif
-
- Traders-Talk User
- 10,964 posts
Member
Posted 15 June 2023 - 12:56 PM
in april 2021 aaii was even more bullish but it wasnt till 8 months later when the market topped out and started its bull market correction
https://stockcharts....837&a=353369508
#4
RadioHead
-
- Traders-Talk User
- 194 posts
Member
Posted 15 June 2023 - 01:03 PM
It may cause a pullback, but I doubt it will cause a major reversal yet.
#5
12SPX
-
- Traders-Talk User
- 12,733 posts
Member
Posted 15 June 2023 - 01:22 PM
in april 2021 aaii was even more bullish but it wasnt till 8 months later when the market topped out and started its bull market correction
https://stockcharts....837&a=353369508
Curious then why even follow if it's not a great indicator lol!!
#6
da_cheif
-
- Traders-Talk User
- 10,964 posts
Member
Posted 15 June 2023 - 01:42 PM
in april 2021 aaii was even more bullish but it wasnt till 8 months later when the market topped out and started its bull market correction
https://stockcharts....837&a=353369508
Curious then why even follow if it's not a great indicator lol!!
asa timing tool aaii is just one of many in the tool box.....on its own not worth much for trading the market but with out it in ur tool kit a house cant be built
Edited by da_cheif, 15 June 2023 - 01:43 PM.
#7
RadioHead
-
- Traders-Talk User
- 194 posts
Member
Posted 15 June 2023 - 01:43 PM
He follows it when its bullish. He ignores everything bearish. I can tell you stories about him you wouldnt believe. He is practically banned from the street for his behavior.
#8
linrom1
-
- Traders-Talk User
- 4,039 posts
Member
Posted 15 June 2023 - 03:19 PM
Okay: dxy DOWN; rates DOW; stocks UP while Treasury is hiring salesmen to push trillions in paper to whom and at what prices????
#9
pdx5
-
- Traders-Talk User
- 9,530 posts
I want return OF my money more than return ON my money
Posted 15 June 2023 - 06:15 PM
Okay: dxy DOWN; rates DOW; stocks UP while Treasury is hiring salesmen to push trillions in paper to whom and at what prices????
What other choice Treasury or the federal govt has? They printed and spent like drunken sailors.
Now the interest on debt is becoming a pain in the rear. They got no choice except print, until dollar becomes Mexican Peso.
Yellen said so herself yesterday that US dollar is on its way down as reserve currency.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#10
OEXCHAOS
-
- Admin
- 22,041 posts
Mark S. Young
Posted 16 June 2023 - 12:09 PM
in april 2021 aaii was even more bullish but it wasnt till 8 months later when the market topped out and started its bull market correction
https://stockcharts....837&a=353369508
Curious then why even follow if it's not a great indicator lol!!
Buys are usually better than Sells, always. Amateur sentiment is, as Don notes, just one part of the puzzle, too, especially when top picking.
I WILL say that big, fast shifts are often a ST fade.
M
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
