Key points from:
http://www.marketwat...n...=bigcharts
"Is the U.S. stock market surge majestic or parabolic? A respected letter says both.
First a proprietary word: As of Friday night, the Hulbert Stock Newsletter Sentiment Index (HSNSI), which reflects the average stock market exposure among a subset of short-term market timing newsletters tracked by the Hulbert Financial Digest, stood at plus 59.6%
That's decisively above the plus 34.1% level recorded a month ago, when stocks finally regained February's high. At that point, Mark Hulbert declared that the HSNSI response was so cautious as to be bullish from a contrary-opinion point of view.
That caution is gone. But optimism is not yet excessive. For perspective, at the stock market's February high, the HSNSI stood even higher, at plus 62.4%. 4:30pm 05/04/2007
The respected Gartman Letter, marketed to investment institutions and not monitored by the HFD, has a chilling explanation of what's going on..."
The short version is that he thinks US markets are going parabolic and will end badly, just like Japan in 1989.
Hulbert Digest HSNSI not as high as in Feb.
Started by
Russ
, May 06 2007 08:57 PM
3 replies to this topic
#1
Russ
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Posted 06 May 2007 - 08:57 PM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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/
"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/
#2
da_cheif
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Posted 06 May 2007 - 09:15 PM
"The short version is that he thinks US markets are going parabolic and will end badly, just like Japan in 1989"........yawn....i love these guys.........watching them all yap about the same crap for over 30 years.........bottom line.....they all think its going to end badly......geeziz....
#3
atlasshrugged
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Posted 06 May 2007 - 09:54 PM
"The short version is that he thinks US markets are going parabolic and will end badly, just like Japan in 1989"........yawn....i love these guys.........watching them all yap about the same crap for over 30 years.........bottom line.....they all think its going to end badly......geeziz....
it ends badly for all of us at some point..
these guys just desire the trophy for the headstone!
#4
da_cheif
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Posted 06 May 2007 - 10:40 PM
no it dont....i got 60 waitin for me...."The short version is that he thinks US markets are going parabolic and will end badly, just like Japan in 1989"........yawn....i love these guys.........watching them all yap about the same crap for over 30 years.........bottom line.....they all think its going to end badly......geeziz....
it ends badly for all of us at some point..
