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To: Sam who wrote (52464)6/17/2011 11:18:17 PM
From: Sam  Respond to of 95622
 
One more from Babak--this one a weekly feature where he reviews numerous sentiment readings. In fact, there are so many perspectives, it is almost guaranteed to confuse the reader. Still, interesting reading for those of us masochistic enough to get through it....

Sentiment Overview: Week Of June 17th, 2011
Posted on June 17, 2011 by Babak
tradersnarrative.wordpress.com

Better to read it in the original.



To: Sam who wrote (52464)6/18/2011 12:12:21 AM
From: Gottfried1 Recommendation  Read Replies (1) | Respond to of 95622
 
I think the bottom is near. bpNDX will stay above 40 as it has for over 2 years. bpNDX with NDX is charted below
PS: I'm biased towards optimism
stockcharts.com




To: Sam who wrote (52464)6/18/2011 11:19:27 AM
From: Woody_Nickels1 Recommendation  Respond to of 95622
 
The normalized P/C ratio is about
where it was in March 08. We know
what happened after that date.

There are way too many crosscurrents
in today's market to be fully invested.
The small investor is playing with fire,
because of the big boys' manipulation and
mistakes wreaking havoc, nearly daily.
But, this is somehow not reflected in the
VIX.

Eventually a good buying or selling opp will
present itself. Until then my head is down
and my a** covered. My hedges are working,
at the moment.

Woody