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[ogm]

Take a look at these. Especialy at the PVI charts. Mistrust still everywhere. People buying puts into the rally.
Yes, we got a little overbought and we'll probably consolidate and suck in even more bears. But geez, there is so little optimism here its pretty surprizing. I think bears are revenge trading.

PVI .... Today's put volume divided by 10 day moving average of put volume.

[tommyt]

sidelite, the Inv Intell. survey had 40.6% bulls 1 month ago, and is now 53.9% bulls. There has been a decent shift to the bullish camp, not extreme though.