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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (126682)12/4/2005 10:50:38 PM
From: Win-Lose-Draw  Read Replies (1) of 209892
 
The bullish sentiment is becoming pretty strong.

Wandered a bunch of boards and sites this weekend. Many threads, bears only. Couldn't find any bulls-only threads (that could be my inadequacy, of course.) Threads where some folks were expressing bullish sentiments generated heated rebuttals from bears claiming to be contrarians. How can so many people be in the same contrarian camp?

The 8 minutes of Market TV I caught this weekend was some gold technical analysis guy claiming that he wouldn't say gold was going to $1000, but that it would certainly take out $800 "easily" because equities were going to get hammered.

I just don't see a whole lot of bullish sentiment out there.

(Yeah, this is obviously anecdotal and could mean diddly.)
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