Investors Intelligence: too bullish
Spectrem Millionaire Investor Index: neutral
Michigan/Reuters Consumer Confidence: as high as Jan 2008
Fund Flows Data: retail investors are not buying.
Option Traders: too bullish
Rydex Traders: too bullish
Gold Sentiment: favor to break $1000
Summary
“This week's survey saw bullish sentiment rise to 39.1%, below its long-term average of 38.9%. Neutral sentiment rose to 16.4%, below the long-term average of 31.1%. And bearish sentiment fell to 44.5%, above the long-term average of 30.0%.”
so based on the Sentiment, I think the rally will continue after correction.
ppteam 发表于 2009-9-26 23:36
Agree. the AAII number was published last Wednesday. Is that a pure coincidence that the Market started to fall on that day? I think big players simply exploited the bearishness of retail investors to make a sharp correction.
The interesting part is, since retail investors are not buying, corporate investors are not buying, so, who is buying?
Hedge fund, and other short term traders only?
The interesting part is, since retail investors are not buying, corporate investors are not buying, so, who is buying?
Hedge fund, and other short term traders only?