>>>Ignore the demographics of the market at your peril.<<<
better yet, ignore the sentiment indicators at your own peril. at the march blow-off top in nasdaq only 19% bearish money in rydex and similar count in fidelity funds, at the recent top in the $usd there were 97% bulls, oex put volume is lowest in decades, consumer confidence is at a decade high,
all the stuff you recite is a rehash of wall st. week, and cnbc, everybody knows all this stuff.
>>>>heavily short the QQQ tomorrow<<<
i have been selectively looking for tech shorts, if you followed heinz's sentiment updates, the rydex ratio just recently got close the the march peak in sentiment.
the demographics haven't done much for some of these long term bull market leaders lately like, pg, msft, xrx, amzn, lmt, ko, fdx, mcd and this is just a short list, the advance decline line has been in the worst bear market since the 1973-4 bear market, despite your demographics. |
