The one item that has been bugging me has been sentiment and today's Investors Intelligence numbers do not help with the number of bulls rising to nearly 50%. I still believe we should see some sort of a rally for the turn of the month and when the debt ceiling is raised. But I now believe it is a rally that should be sold into. Sentiment is already too bullish and a resolution to the debt ceiling will likely take it over the top.
No comments:
Post a Comment