Expecting A Bounce

Most weekends I check the reader poll on theStreet.com website. At the extremes it has been a pretty good contrary indicator. This weekend it is at an extreme as readers are very bearish. This strengthens my belief that we are due for a short term bounce. I expect a bounce by Tuesday.

1 comment:

Sentiment Polls said...

[...] Yesterday I pointed to the theStreet.com sentiment poll as showing too much bearishness. Today two more polls came out showing very high levels of bearishness. Below are the results from the Weekly Bespoke Market Poll which show the highest level of bearishness since they started this poll in February [...]