Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (5577)	9/22/2010 7:13:37 PM
From: Investor2	1 Recommendation Respond to of 10065

I noticed that the Investors Intelligence survey results were not as bullish as the AAII. I2

To: Boca_PETE who wrote (5577)	9/23/2010 4:35:39 AM
From: DD™	3 Recommendations Read Replies (2) \| Respond to of 10065

Excerpt... "It is true that the short-term market timers tracked by the Hulbert Financial Digest are somewhat more optimistic now than they were at the depths of the crisis. But they are not excessively bullish, either. Consider these timers’ average recommended equity exposure, as measured by the Hulbert Stock Newsletter Sentiment Index (or HSNSI). It currently stands at 21.4%, which means that these timers on average are still allocated some 79% of their equity portfolios to cash. It is interesting to note that the HSNSI’s current level is quite close to where it stood on May 7, the day after the famous “Flash Crash.” The Dow Jones Industrial Average on that day stood at 10,380, or about 350 points below where it stands today. So even though the stock market is higher now than then, the average market timer is just as pessimistic today as he was the day after the markets apparently had become completely unraveled. In other words, there doesn’t today appear to be excessive optimism. Contrarian analysis therefore concludes that the market’s recent rally still has room to run." marketwatch.com DD™

To: Boca_PETE who wrote (5577)	10/13/2010 3:20:25 AM
From: DD™	2 Recommendations Read Replies (2) \| Respond to of 10065

Commentary: Market may be in vicinity of April highs, but not mood That was then, now is now Mark Hulbert Oct. 13, 2010, 12:01 a.m. EDT Excerpt... "Even though the market is only slightly lower today than late April, the mood currently is a lot more cautious, if not downright pessimistic. This is bullish, from a contrarian point of view, since it suggests that there is a robust wall of worry for the market to continue climbing. Consider the average recommended equity exposure among a subset of short-term stock market timers tracked by the Hulbert Financial Digest (as measured by the Hulbert Stock Newsletter Sentiment Index, or HSNSI). It now stands at 25.9%. To put the current HSNSI level in context, consider that it stood at 65.5% on April 26, the day of the market’s closing high prior to the May-June correction. In other words, the average stock market timer today is less than half as bullish as he was in late April. Since the usual pattern is for advisers to become more bullish as the market rises, and more bearish as it declines, the current low level is quite surprising — and bullish. Furthermore, the current HSNSI means that the typical short-term timer still has three-quarters of his stock portfolio in cash. That represents a lot of sideline cash that could propel the market higher, should these timers decide to once again turn bullish." marketwatch.com DD™