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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.490.0%4:00 PM EST

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To: s berg who wrote (75773)4/23/2001 9:34:03 PM
From: bobby beara   of 99985
 
>>>>even if the bull returns there is still something weird about extreme swings in sentiment, on a dime, without much real news. >>>>

s. berg, yes, it's a momentum driven and speculative market, you have to buy depression and sell euphoria.

i would like to give my 2 cents to this post in this forum.
Message 15707078

sentiment levels of overbought and oversold are not static, thats one problem i have with that thread, sentiment levels change along with market conditions and what was once oversold, is now overbought, just like polarizing support and resistance levels.
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