Jump to content



Photo

This sentiment business is getting hard...


  • Please log in to reply
4 replies to this topic

#1 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 15 October 2007 - 11:22 PM

Equity P/C was frothy again today.. on a down day... But the board sentiment is pretty darn bearish, with many crooning bears... Meanwhile, 87 crashers are out all over the place... And earnings are just around the corner...plus OPEX...plus Fed meeting... I know that bear markets sneak up on you, and sharp downsides are bull market declines... I don't see euphoria in the media, just the opposite... Beats the hell out of me.
Qui custodiet ipsos custodes?

#2 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,886 posts

Posted 15 October 2007 - 11:37 PM

Crash, consolidation, cup and handle, to da moon! Lot's of opinions.
Sentimentrader.com has not moved in 4 days.
However over the past few weeks, the longer term measure has gradually moved up to it's most bullish measure in quite sometime, not unlike AAII's current highest reading since Feburary.
BB's are contracting on VIX and SPX so a move is coming.
Friday I closed my IRA long which I had since Sept. 26th for 50 S&P points.
I'm ready for anything. :D

Posted Image

#3 danzman

danzman

    Member

  • Traders-Talk ~
  • 908 posts

Posted 16 October 2007 - 02:59 AM

"and sharp downsides are bull market declines..." Well there you go. I will bet a few mil that (well I already have) the stock market will make new high after new high. When it doesn't (because I don't have a crystal ball), I will mention on this board that I'm out. I recall in February being so bullish. Has anything changed? Yes, it's even more bullish for me! Listen and read the news at your own risk. D
I don't make predictions, I just react.

#4 relax

relax

    Member

  • Traders-Talk User
  • 2,224 posts

Posted 16 October 2007 - 04:54 AM

danz you the man until you're retired and not the man Keep posting! ;-)

#5 Sentient Being

Sentient Being

    Member

  • Traders-Talk User
  • 4,262 posts

Posted 16 October 2007 - 06:32 AM

Dan you are great. You date models, you have big sunglasses, you have millions of dollars, no doubt travel the world, support the poor, and you are the only one on this board that understands the market. Some day I'm going to be just like you! :P
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~