A diary of the thought process behind my investment decisions
Sentiment Not Helping
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.