10 replies to this topic

[OEXCHAOS]

We're starting to see some Bullishness and a bit of persistence, too.

Two weeks above 50% Bulls in a row for Tickersense.

From the ISA daily:
Lazlo Birinyi reports that his Blogger Poll has 50% Bulls and 28% Bears. That's still quite Bullish, despite the pullback on Friday. Now that EOQ window dressing is done, we can probably see some more significant selling sometime this week.

[da_cheif]

We're starting to see some Bullishness and a bit of persistence, too.

Two weeks above 50% Bulls in a row for Tickersense.

From the ISA daily:
Lazlo Birinyi reports that his Blogger Poll has 50% Bulls and 28% Bears. That's still quite Bullish, despite the pullback on Friday. Now that EOQ window dressing is done, we can probably see some more significant selling sometime this week.

heres another poll.....a long way from being hi risk
http://www.sentiment...LLRATIO_4WK.htm

[OEXCHAOS]

I'd not be putting the IRA 100% into Rydex Venture, exactly, but a pullback soon might be in the cards. Probably tradable. TheStreet.com reported a drop in Bulls to 43% and a jump in Bears to 29%. This isn't much help. A lot of late Bullish shifting. TSPTalk, a larger polling site devoted to savings plan management is flashing a Sell with 59% Bulls and 25% Bears. That's probably worth a short trade, sometime between now and next Friday. Last week's follow-on Buy was good as I thought it would be. Last week, AAII reported 49% Bulls and 34% Bears vs. 39% Bulls and 32% Bears. This is a big jump in Bulls and a smaller jump in Bears. The average investor is starting to believe the rally. This isn't such good news, but it's not a sign of major trouble yet, either. Investors Intelligence reported that Bulls rose to 55.60% vs. 53.90%, and Bears fell to 25.60% vs. 27.00%. That is another Bullish, shift. That's not good for the market. It's a marginal Sell, but they tend to be early, sometimes very early. It's just one indicator, too.

[youmast]

Use "Add Reply" button instead of "Reply".

[SemiBizz]

These bulls are all mouth, they are not supporting this "miracle" with any volume... starting to look like July again...

[da_cheif]

its only a miracle to those that didnt see it coming ......:>)

[SemiBizz]

Yep, the last 7 1/2 years have been a miracle too.... since somebody said that we were never going to go under 3000 in our lifetimes...

[da_cheif]

Yep, the last 7 1/2 years have been a miracle too.... since somebody said that we were never going to go under 3000 in our lifetimes...

\
turned out that the market was wrong eh......

[SemiBizz]

Market is never wrong, and we won't reach 3000 on this leg...

[da_cheif]

Market is never wrong, and we won't reach 3000 on this leg...

then which leg.......