Comments on: Sentiment Overview: Week of March 14th, 2008

by: Consumer Sentiment Always Darkest Before Dawn

Wed, 09 Apr 2008 06:25:53 +0000

[…] The early March preliminary Reuters/Michigan consumer sentiment survey results were bad enough, coming in at 70.5 and they got worse when they were finalized at 69.5 in late March. “A recession has occurred whenever the Sentiment Index has declined as much as it has fallen during the past year, including the recessions occurring from the mid 1950’s to the early 2000’s,” according to Richard Curtin, the Director of the Reuters/University of Michigan Surveys of Consumers […]

by: Recent Sentiment « Phil’s Favorites

Fri, 21 Mar 2008 21:09:35 +0000

[…] [I mentioned] “the surprising bearishness of newsletter writers as measured by Chartcraft. This week they have outdone themselves with an eye popping 44.7% bearish level.To find this sentiment equally or more pessimistic, we’d have to go all the way back… are you ready? to 1998. […]

by: Sentiment Overview: Week of March 21st, 2008

Fri, 21 Mar 2008 15:48:03 +0000

[…] Investor’s Intelligence I mentioned in last week’s sentiment overview the surprising bearishness of newsletter writers as measured by Chartcraft. This week they have outdone themselves with an eye popping 44.7% bearish level. […]

by: Reasons Why This Is An Intermediate Bottom

Wed, 19 Mar 2008 04:46:44 +0000

[…] I’ll write up a full report covering the various sentiment measures in detail for the weekly sentiment overview on Friday. […]

by: de

Tue, 18 Mar 2008 12:51:30 +0000

MrEd, your squeeze-o-gram is coming in the mail today. Too many on your side of the boat. Retards over clowns, I guess.

by: Kristy

Mon, 17 Mar 2008 19:09:14 +0000

The Investor’s Intelligence survey is my favorite indicator to watch. Last week when it hit 31.1% bullish vs 43.6 bearish, I knew I needed to update my watch list and get ready for the market to bottom. Finally, people are giving up!

by: de

Mon, 17 Mar 2008 02:35:09 +0000

This will definitely make for an interesting week. Be you a bull or a bear, I wouldn’t presume anything at this point. And we can agree on one thing…volatility is grand!

by: Bill K

Mon, 17 Mar 2008 01:48:19 +0000

This BSC buy out for $2 a share could be the catalyst we need to get some real panic and blood in the streets this week. Everyone has to wonder who is next to fail. As soon as we get below 1,270 on the S&P 500 most professionals will feel like the double bottom has failed and the bottom may fall out really fast. I don’t think there will be many brave enough to buy just under 1,270. I think the real buying opportunity will come in the 1,210-1,230 range, if we can get there in the next day or two of panic selling. If we can get to that range by Tuesday the VIX should be at or near 40 with equity only put/call ratios over 1.2. That is the kind of panic that would give me great confidence to buy. As I have mentioned here in the past couple of weeks I am a die hard contrarian and just feel we need higher readings then normal this time to get a longer term bottom in. 1,200 has strong support from 2005 on th chart, but I don’t want to wait until it gets all the way to 1,200 to buy, as we might not get there. It should be an interesting week!

by: Afraid to Trade.com Blog - Overcoming Fears » Next Week Could be Very Interesting

Mon, 17 Mar 2008 01:47:22 +0000

[…] I couldn’t help but pass along this quote from the Trader’s Narrative: […]

by: MrEd

Sun, 16 Mar 2008 20:46:29 +0000

I take no offense to being a clown. At least I’m taking your money and will likely take more of it because if you have been long, you’ve been losing money. I don’t mind wearing big goofy shoes and putting a red cherry on my nose. COT data shows only the retards are going long here. So, I’m a clown and you must be one of the retards. LOL. The concept of bearish and bullish is for the clueless who rely on how they feel to make money. I could care less what the market does. Up or down is fine by me as long as we get ALOT of volatility.