SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chas. who wrote (40928)10/9/2008 7:12:00 PM
From: TobagoJack  Read Replies (2) of 217818
 
just in in-tray

this is from fullers site today... for what it is worth,


Intelligence Advisors Sentiment indicator - Thanks to colleague Tarquin Coe from Investors Intelligence for these three charts of the S&P500 immediately following historic lows in the Advisors Sentiment indicator.
In 1978 when the indicator had a reading of -40.2 on November 24th. The indicator's low did not coincide with the low for the Index, but the S&P failed to fall very much beyond this oversold level.

In late-January 1982 the reading was -34 at its nadir and while the S&P didn't hit its low for a few months, it also failed to fall significantly from the indicator's bottom.

In 1990 the reading was -27.8 on September 14th. On this occasion the Index hit a low within a few weeks.

Right now the indicator is at -27.7, a level not seen in 18-years. That does not mean it cannot go lower but it suggests that sentiment is getting increasingly bearish and we are being set up for a significant rally.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext