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.
This sentiment business is getting hard...
Started by
dcengr
, Oct 15 2007 11:22 PM
4 replies to this topic
#1
Posted 15 October 2007 - 11:22 PM
Qui custodiet ipsos custodes?
#2
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.
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.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#3
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
Posted 16 October 2007 - 04:54 AM
danz you the man until you're retired and not the man
Keep posting! ;-)
#5
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!
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~