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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (73438)7/6/2006 4:30:04 PM
From: Real Man  Read Replies (2) of 94695
 
financialsense.com
Interesting first chart in Tim's writeup. Looks like the
bullish sentiment got to 0.75 and stayed there above 0.7 for the
entire rally, except for occasional pullbacks. This is
quite a bit higher than the extremes in 1999, when the
bullish sentiment only occasionally touched 0.7, an
interesting anomaly. I think I would not trust sentiment
indicators much when the bear move finally takes hold -
they could get down and stay there.
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