7 replies to this topic

[OEXCHAOS]

Folks, this ratio is pretty bullish. Now, we don't have the fuel that we had last summer, but this aspect of sentiment, at least, is pretty supportive of higher prices, just as it was in August and September.

http://www.traders-t...ost&id=5606.png

[Tor]

Folks, this ratio is pretty bullish. Now, we don't have the fuel that we had last summer, but this aspect of sentiment, at least, is pretty supportive of higher prices, just as it was in August and September.

http://www.traders-t...ost&id=5606.png

Looks good - 1553 IMO is a given! Will see.

[OEXCHAOS]

I wish you guys would knock off the "easy money" and "it's a given" type comments. You're making me worry about you! Mark

[thespookyone]

"Looks good - 1553 IMO is a given! Will see." Or maybe-they're "takin"

[ChickenLittle]

Interesting chart. What is the source of your ratio????

[OEXCHAOS]

Interesting chart. What is the source of your ratio????

I'm sorry, I'm a fool. That's a 5-day SMA of our FF Actual Position Poll results.

Mark

[spielchekr]

Mark; what's your take on the position results having been so consistently polarized towards the fully (fill in the blank) ends of the spectrum. Fully long + fully short completely overwhelms the sum total of the other three (partials & neutral) each and every day for weeks now, it seems.

[OEXCHAOS]

I think it's the darnedest thing! Seriously, though, I think it's a function of relatively low volatility and seemingly unending trendyness. That makes folks more stubborn and aggressive either from lack of being punished hard or lack of feeling stupid or just frustration. I suspect that we'll see new volatility to make folks more fearful of committing to an opinion. You should never feel smart when trading. Mark