So I'm not the only one Fog Bound,
I'm sure there are people who want it to go up, and some that
want it to go down, me I'm getting were I don't care which
way it goes if it will just send me a signal, and it won't
even do taht..well it does , but they are too mixed up to
read. My hunch is a couple of down days anyway, but that's
what I'm reduced to just a hunch..
One guy calls for a 500 pt correction..heck percentage wise
that's no big a thing, and for sure that can happen at any
time..but who would've called for a 1000 pt rise in 2 months
--even the best of the bulls missed calling that, at least
taht soon. I guess it says when enough people think it can't
go up it does, and when they say it can't crash it does.
I ain't saying , I got no opinion just a hunch and that's likely
stupid, as I can't think of any reason to have it.
But yes I can too..the hunch came from the short term bull/bear
survey..the bull ratio had gone up a lot recently..well I just
looked and it's already started back down..so that says the
opinions were not strong as it's changing from day to day
the last 7 look ok, early Friday it was over 3..now its
back to 2.65..we can't take it back to far and expect it
to tell us much..if we just go back to last May , we see that
2.25 was the mean average and with that she trended up,
so my hunch is 2.4 to 2.50 is almost neutral.
below 2 bullish, above 2.75 bearish..last Friday the 3 gave me
my bearish hunch..its down to 2.65 now and falling,
every thing is mixed up including the bull/bear ratio.
I have not tracked the neutral votes over time so don't
know what to make of it. Right now it's about 12.8% of the
total votes..taht might in some way indicate how many are
just waiting on a dip. ?
Jim
Jim
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