Here are some definitions:
Bearish: A slippery, subjective term that indicates a general belief or impression that something will lose value. This term carries little or no concept of time frame, probability of outcome, no concept of magnitude of expected outcome, no concept of portfolio composition.
Bullish: A slippery, subjective term that indicates a general belief or impression that something will gain value. This term carries little or no concept of time frame, probability of outcome, no concept of magnitude of expected outcome, no concept of portfolio composition.
Those definitions aside, I'm over 50% invested right now. I saw a meaningful double bottom, I'd like to see bullish percent a little higher to increase my comfort level, and I'm expecting a little swoon before we take off higher. That's assuming we don't have widespread riots as a result of election irregularities or people who simply disapprove of the outcome. |
