Market Sentiment - A Contrarian View

This Internet Blog attempts to exhibit the most meaningful Sentiment Indicators that we believe affect the performance of the market in different time frames; most are Contrarian extremes suggesting that the majority has adopted a certain trend fully at the point at which it is about to reverse. Included are also comments about the Indicators and any other facts or ideas that are pertinent to market action. To Post comments, just click on "comments" and write away.

Monday, September 12, 2005

TEACHING/COACHING:

Surveys show I.I. Bears at a new high of 28, while the AAII Bears receded a bit with the "inversion" of last week normalizing again. However, on the negative side, the NYSE new highs to new lows were more than 10 to 1 last week (Climactic?), the Bullish Percent is high - hanging on a 3-box sell signal. I would proceed cautiously in this seasonal minefield, looking to the right Industries.

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