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发表于 2011-5-16 10:44 AM
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The good thing in this morning is Xing comes back!
The back thing is that I smell the bear again and it keeps haunting me recently.
ChartCraft’s Advisor Sentiment survey monitoring stock market newsletter editors and market services is continuing to be a fertile source of contrarian signals. The bullish camp was relatively unchanged at 55% this week but the bearish camp once again fell to 16.5%, approaching levels that show an extreme lack of fear or concern for declines. This also resulted in the bull bear ratio hitting 3.33:1 a level that we last saw in early April and January 2011.
The lowest bearish reading we’ve seen recently was on April 6th at just 15.7%. Since the bullish reading at that time was higher than now, it provided us with a bull bear ratio of 3.7:1. Historically, when we see such a lack of consideration for the downside, the market invariably suffers a correction (sooner or later). |
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