Tuesday, August 23, 2011

About $SPX, $SPY bulls survey

I cannot find another time when the market has fallen in a comparable fashion to the current action while the bulls have remained so steadfastly bullish. If these bulls come under 40% this week, things will finally make more sense to me. If they remain high, you can rest assured I will continue to harp away at this particular lack of bearishness in the market.- H. Meisler

No comments:

Post a Comment