A diary of the thought process behind my investment decisions
A Reason To Give In To Desire
When the market is rising participants want to find an "intellectual" reason to join the herd. Sentiment has stayed neutral to slightly positive as the horrendous data has not allowed participants to turn bullish to an extreme. QE 2 could give those fence sitters the intellectual excuse to follow their primal instinct of joining the herd. A rally that lasts into expiration with extreme sentiment would be an excellent short setup.