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61/23% bulls = SELL on TSP


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#1 Rogerdodger

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Posted 29 June 2007 - 10:05 PM

TSP Sentiment
07/02/07-07/06/07 Bulls:61% Bears: 23% Ratio: 2.65 Votes:380 SELL

Lowrisk.com is Bulls: 39% Bears: 34%

Sentimentrader is neutral.

Investor's Intelligence:
Posted Image

So what's a guy to do?
Play both sides.

From New Market Analysis Area:
By Mark S. Young & The ChartSmarts Team
"We're at that tricky phase of a decline. There's room to bounce, some pessimism, but not enough, deteriorating fundamentals, and the positive pattern of end-of-quarter window dressing. What to do? The same as we have been. We're playing both sides of the market and taking very little risk, yet we're making money."

Edited by Rogerdodger, 30 June 2007 - 10:19 AM.


#2 BearItch

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Posted 30 June 2007 - 04:32 AM

It seems at the end of every quarter there is worry in the face of a correction. But it isvery simple for the next few weeks. The boys have placed their bets on earnings for all of their picks and they are not going to cash out at least until earnings reports justify their bets. And so there will be an underlying bid to this market at least until July 9th when earnings start to roll out. There will be winners and losers but after some pops and drops a trend will develop...I think down for a time.

#3 relax

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Posted 30 June 2007 - 08:20 AM

exactly rodger play both

go full short and full long - at some point they will both be winning trades

that seems to be the reality of the consolidation period we are in right now


It seems at the end of every quarter there is worry in the face of a correction. But it isvery simple for the next few weeks. The boys have placed their bets on earnings for all of their picks and they are not going to cash out at least until earnings reports justify their bets. And so there will be an underlying bid to this market at least until July 9th when earnings start to roll out. There will be winners and losers but after some pops and drops a trend will develop...I think down for a time.