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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (106)6/28/2005 5:27:00 PM
From: isopatch  Read Replies (2) of 50420
 
Slider. Elvis sends his regards.<g> Seriously, what I like

about the sentiment picture, right now, is that it's right where it should be after coming off a major bottom:

Message 21457364

To flesh out the thought a little better? Really like the skepticism we're seeing.

Guess it was a week ago, Roebear scanned the various PM threads on SI and couldn't find more than a handful of bona fide bullish posts. And all of them were on either your thread or mine! The minions of stasis bound, on the perma bull threads, were..."in their cups".<g>

Traders were mostly fence sitting (say...where is Jims?:o)), skeptical and just not believing that an important bottom had been made. My sentiment work identifies such attitudes as text book stuff that coincides with the early phases of an important uptrend.

No question, there's a large volume of bullish IT to LT fundamental evidence AWA important confirming behavior from the FED, currencies, global capital flows, etc.

Going to have to leave it there. Time to log off for the day.

Rock on,

Isopatch
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