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Gold/Mining/Energy : Swing Trading Toronto Stock Exchange Listed Stocks

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To: 1st.mate who wrote (2703)12/4/2001 11:11:02 PM
From: 1st.mate  Read Replies (2) of 2773
 
Now that I told you to lighten up in a nice way....(LOL) I will give you yet another opinion ...

Bullish sentiment is getting to dangeous levels. Here's an interesting little tidbit: The American Association of individual investors (AAII) conducts a sentiment poll every week. the latest poll shows 69% bulls. This is the second highest reading in thier 14 year history. The only other time bullishness was higher was in Januaray 2000. Does anyone remember what happened a couple months after that? The third highest reading was in........September 1987. Does anyone remember what happened shortly after? This is only 1 indicator of hundrends that I'm sure are out there and I'm sure bulls can come up with some counter arguements, but this latest bullish reading is an eye opener to say the least.....interesting times comming shortly....IMO.

I'm not saying I disagree, but there are 2 sides to every coin....

Sleep well

Matey
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