Now That's Exreme

The Investors Intelligence survey is out with bulls under 30% and bears at nearly 38%. Both are post March 2009 records. Can everybody be right?

4 comments:

Tsachy Mishal said...

What makes this more amazing is that the market has not gone down all that much since the August highs. Not enough to get this type of an extreme reading.

Anonymous said...

Everyone is right, just like in the spring of '08 when the % bears hit that level and above in several weeks. They may be wrong for a week here or a week there but in 6 months they will be VERY right.

Buyers? Nickels in front of bulldozers.

JD

Chaos! said...

Might be quarters today!

Anonymous said...

Ha!!

Yes, quarters today indeed.

JD