8 replies to this topic

[A-ha]

I remember that selecto's weekly SPX poll was very bullish that weekend before the big plunge, I remember because I had never seen it that bullish when I voted. Now it looks like TT got quite bearish, I don't remember it this bearish in a while. I think something gonna break big time. Maybe this time TT is right. volume dried, SPX formed a doji. It is either topping or it is the indecision before another up leg.

Edited by xD&Cox, 10 March 2007 - 11:55 AM.

[OEXCHAOS]

it's only one poll. One that you yourself can have an effect upon. I'm just sayin'... M

[Rogerdodger]

One that you yourself can have an effect upon.

I believe that to be true.
The sentiment of the general public can be influenced by the TV talking heads.
Sentiment here at TT can be influenced by XD (or any other who has been strongly leaning in one direction and gets it right.)

When she is moving up, Da_Cheif has the ball, down, right now I'd give it to XD.

Love 'em both.

[A-ha]

I hope this one is an isolated case. According to sentimenttrader, shortterm sentiment is neutral.

[Rogerdodger]

XD, I remember the grief you were getting over your well posted short positions...before the bottom fell out.

[A-ha]

And I got very close to covering some of them on the day they ran some stops around 1459. The closing action had saved the position.

[mdwllc]

Quite frankly, I'm not sure that sentiment will have anything to do with it the next leg down. I am beginning to believe there may be more to the current rumor of a hedge fund overly exposed to the sub prime market and it's resultant impact will surprise more than we know....MDW

[greenie]

I think something strange is going to happen on monday/tuesday. Why? When I looked at the TT daily polls last evening, there were ~35% fully long, ~45% fully short and almost nothing in between. There was no flat. The distribution looked like a highly skewed bipolar one. It was based on first 20-25 votes, which are usually the ST traders. What does it mean for ST trend? I do not know, but I have not seen anything like that before. Now that position poll is different, but I may have contributed to it by posting about the daily poll last evening.

Edited by greenie, 10 March 2007 - 01:30 PM.

[S.I.M.O.N.]

I think something strange is going to happen on monday/tuesday.

yes, i agree, its called a Melt-up by the way..