Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.86

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To: GROUND ZERO™ who wrote (180084)	10/6/2022 5:40:07 AM
From: Turtles_win	Read Replies (2) of 220931

Sentiment indicators appear to be confirming your call. II sentiment survey this week indicated an intermediate term sentiment extreme. There were 16.4% more bears than bulls in the latest. That's about as bearish as it gets and this sentiment survey is for intermediate and maybe long-term sentiment. So, regardless of what happens during the rest of October, the market IS going higher. I have been trying to catch some short term downside with SQQQ but I closed that out earlier this week for a measly 2% gain. I'll probably go long LABU once again in the near future.

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