4 replies to this topic

[Rogerdodger]

Tuesday's Post
Sentiment looks like May '06 top, Spookyyyyyyyyyyyyy
Jul 17 2007, 11:44 PM
Shorter term is actually more bullish now!
Both show a jump in pessimism the week before then a jump back to optimism before selling started.
Both weeks had the S&P breaking out to new highs.

Tuesday's Post
Yawn. Another divergence., But dang! This looks like May '06
We have had so many divergences for so long, I almost hate to mention another one.'
But this sure looks like it could be a repeat of mid May's '06 plunge.
Look at those 2 big fat red circles. Both show a near touch of downtrending NYSE ma.
Could we get any kind of a cycle low in the next few weeks?

[arbman]

I think this is March 2005. It fits much better to the drying liquidity picture from 2006 into 2007, similar to from 2004 into 2005... In May 2006, the liquidity was just being dramatically increasing by the Fed until Sep or so via the pomos...

[relax]

wespect rodger you we're on this one and the moon cycle only showed some indications of a top however i think based on the moon you mentioned july 22 well, right now i'm thinking of airedale and his july 27 bottom a few days ago people did not believe his cycle , now they are praying for it...haha...love this game

Edited by relax_dk, 20 July 2007 - 12:06 PM.

[Rogerdodger]

the moon cycle only showed some indications of a top however I think based on the moon you mentioned july 22

The "moon influence" is only a statistical influence and not an exact date to act.

In May 2006, the liquidity was just being dramatically increasing by the Fed until Sep or so via the pomos...

Good point.
When there are similarities, I always remember there are also differences.

In fact, It's always different, Just like last time.

[spielchekr]

I got 125 hits on one sentiment topic I posted yesterday, and 52 on another earlier this week. :yawn: Somebody mentioned "groping for clews (sic) about sentiment" in a blog. I didn't miss any skewering asides from other posters, either. Perfect! It was the criteria I had been looking for.