Speaking Of Extremes

The Investors Intelligence data is out. The bulls are at 50.6%, while the bears are at 17.6%. More evidence that sentiment has become extreme and the bears are an endangered species.

1 comment:

Anonymous said...

Was doing some reading last night and came accross a tip by martin schwartz.

In a bear market, markets tend to be up on mondays and the morning. This is because instituitional investors do not want to hold positions over the weekend and day traders do not want to hold positions over night.

This is exactly what we have been experiencing. Fear trading not greed trading.

This is meerly my observation