A diary of the thought process behind my investment decisions
II Survey and Rydex Traders
The Investors Intelligence survey is out and has reached a new extreme with 53.4% bulls and 15.9% bears. In addition, Rydex traders are holding the largest ratio of long positions to short positions in over seven years. I am very tempted to add to my shorts but am debating waiting until after Intel reports. We could see a final gasp higher. That said, risk is very high and I will let readers know what I am doing once I decide.