Full Long Bulls/Fully Short Bears on a Buy?
#1
Posted 04 May 2007 - 10:39 AM
Bigger picture here:
http://www.traders-t...?...ost&id=5560
Mark S Young
Wall Street Sentiment
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#2
Posted 04 May 2007 - 10:46 AM
#3
Posted 04 May 2007 - 11:17 AM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#4
Posted 04 May 2007 - 11:38 AM
But kind of nutz - well considering that the market rallied on GPD data of 1.3 per cent growth - then it really does not surprise me
Seems like things are going to get worse in the economy - and the Fed are too late in cutting rates
It seems inevitable that the US markets will suffer at some point
But as we've seen there is big difference in timing between things happening in the economy and the stock market
Employment is below expectations and the market rallies...kind of nutz isn't it?
#5
Posted 04 May 2007 - 11:39 AM
#6
Posted 04 May 2007 - 11:42 AM
as long as the fed keeps printing more and more dollars and funnels into the system the market goes up until it croaks of its own weight.Employment is below expectations and the market rallies...kind of nutz isn't it?
Employment down? Then it rallies for the 120th the Fed wont raise rates celebration (that is the only thing never discounted but always to be celebrated)
Employment up? Then it rallies as the economy is good.
Its nuts -- but one has to wait it out. Too many logical bears have been run over and skinned. But the freak show that we had before the opening today is as good a sign of the "sentiment" being in la la land.
Edited by zedor, 04 May 2007 - 11:44 AM.
#7
Posted 04 May 2007 - 11:49 AM
#8
Posted 04 May 2007 - 02:01 PM
a 5-day sma.
is this a 5 day average of the bull/bear ratio from the daily poll here?
Mark S Young
Wall Street Sentiment
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#9
Posted 04 May 2007 - 02:19 PM
#10
Posted 04 May 2007 - 10:36 PM
Edited by Vector, 04 May 2007 - 10:40 PM.