Comments on: Sentiment Overview For Week Of August 24th 2007 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html Freshly squeezed market commentary & analysis Fri, 05 Sep 2008 18:40:32 +0000 http://wordpress.org/?v=2.0.2 by: Sentiment Overview: Week Of November 30th 2007 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-22954 Sat, 01 Dec 2007 03:42:07 +0000 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-22954 [...] AAII bears went from 53% to 56% while bulls came in at only 29%. This sentiment measure is now showing real fear unlike a few months ago. Back then I theorized that the retail investors weren’t scared because they simply didn’t have anything invested. [...] […] AAII bears went from 53% to 56% while bulls came in at only 29%. This sentiment measure is now showing real fear unlike a few months ago. Back then I theorized that the retail investors weren’t scared because they simply didn’t have anything invested. […]

]]> by: Sentiment Overview: Week Of September 14th 2007 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-17182 Sat, 15 Sep 2007 02:55:23 +0000 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-17182 [...] Market Vane I covered some interesting discussion on this sentiment survey a few weeks ago. I fail to see how it can be viewed as predictive, rather than contrarian. Especially as this week we see it continuing to go up along with the market’s recovery. This week, Market Vane’s Bulls rose 6% points to 59%. That’s a quick recovery from 52% - the lowest reading since 2003. [...] […] Market Vane I covered some interesting discussion on this sentiment survey a few weeks ago. I fail to see how it can be viewed as predictive, rather than contrarian. Especially as this week we see it continuing to go up along with the market’s recovery. This week, Market Vane’s Bulls rose 6% points to 59%. That’s a quick recovery from 52% - the lowest reading since 2003. […]

]]> by: Stock Market Volume: Summer Doldrums Or Summer Mayhem? http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-15312 Mon, 27 Aug 2007 22:00:05 +0000 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-15312 [...] Contact « Sentiment Overview For Week Of August 24th 2007 [...] […] Contact « Sentiment Overview For Week Of August 24th 2007 […]

]]> by: Dave http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14706 Sat, 25 Aug 2007 23:07:42 +0000 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14706 Sorry but I just got this week's data shortly after posting the last message. Although Panic/Euphoria is listed in Barron's as -0.22 this week, it is actually -0.34 according to Citi. This places the indicator in the 'Panic' zone. This week's money flows: Outflows of $1.65 billion from equity funds, with investors withdrawing about $6.8 billion from equity funds if ETF data is excluded Sorry but I just got this week’s data shortly after posting the last message.

Although Panic/Euphoria is listed in Barron’s as -0.22 this week, it is actually -0.34 according to Citi. This places the indicator in the ‘Panic’ zone.

This week’s money flows:
Outflows of $1.65 billion from equity funds, with investors withdrawing about $6.8 billion from equity funds if ETF data is excluded

]]> by: Aaron http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14704 Sat, 25 Aug 2007 21:10:10 +0000 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14704 Nice post. I think the treasury bill charge was far stronger than most would have expected. The low volume days do tend to make me a little wary of whether we have hit bottom, but there is no since in shorting this market. Corporate profits are strong, and the economy is still growing. Nice post. I think the treasury bill charge was far stronger than most would have expected. The low volume days do tend to make me a little wary of whether we have hit bottom, but there is no since in shorting this market. Corporate profits are strong, and the economy is still growing.

]]> by: Dave http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14700 Sat, 25 Aug 2007 19:29:36 +0000 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14700 Babak, thanks once again for your well-written and useful weekly sentiment overview. That's a useful thought also about AAII sentiment and the retail investor's nonchalance due to not having a significant stake in the market. However, I wonder how AAII sentiment may account for the retail investor's apparent bullishness about foreign stocks, and the mass exodus of the retail investor's funds to meet this bullishness. The retail investor may indeed be bullish about stocks --just not American stocks. Having spoken with several such retail investors, I suspect they won't be able to come back to American stocks as money fund holders will, if things get bad in overseas stocks. I wanted to post money flow data for this week, but haven't received it yet. Is this information useful to you (I won't keep posting it if it isn't). This week's Panic/Euphoria reading is -0.22, which is 'neutral' (the same as last week). Babak, thanks once again for your well-written and useful weekly sentiment overview. That’s a useful thought also about AAII sentiment and the retail investor’s nonchalance due to not having a significant stake in the market.

However, I wonder how AAII sentiment may account for the retail investor’s apparent bullishness about foreign stocks, and the mass exodus of the retail investor’s funds to meet this bullishness. The retail investor may indeed be bullish about stocks –just not American stocks. Having spoken with several such retail investors, I suspect they won’t be able to come back to American stocks as money fund holders will, if things get bad in overseas stocks.

I wanted to post money flow data for this week, but haven’t received it yet. Is this information useful to you (I won’t keep posting it if it isn’t).

This week’s Panic/Euphoria reading is -0.22, which is ‘neutral’ (the same as last week).

]]> by: LP http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14697 Sat, 25 Aug 2007 17:52:08 +0000 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14697 I too believe this recovery is not real. Which just makes it that much more real. I felt the same way in Feb and what did the market do. I am my own contrarian. However, the underlying issues/problems or disasters within the economy will eventually come home to roost. But the trillion dollar question is, when will it happen? Because of the current levels of fear, I'm pretty sure it's not now. I too believe this recovery is not real. Which just makes it that much more real. I felt the same way in Feb and what did the market do. I am my own contrarian.

However, the underlying issues/problems or disasters within the economy will eventually come home to roost. But the trillion dollar question is, when will it happen? Because of the current levels of fear, I’m pretty sure it’s not now.

]]> by: Johan http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14686 Sat, 25 Aug 2007 15:30:51 +0000 http://www.tradersnarrative.com/sentiment-overview-for-week-of-august-24th-2007-1287.html#comment-14686 What makes me about worried is that suddenly I hear of new sentiment indicators that I never heard of before, like the T-bill, when others haven't given clear signals. That might be something to think of.... Have a great weekend! What makes me about worried is that suddenly I hear of new sentiment indicators that I never heard of before, like the T-bill, when others haven’t given clear signals.

That might be something to think of….

Have a great weekend!

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