one other comment, a buddy

    Comments on market

    Posted by matt on 4th of Dec 2019 at 02:17 pm

    one other comment, a buddy of mine who has developed some interesting sentiment indicators, his stuff has been showing all through the fall that traders keep getting way too bearish on any little pullback in the market.  Basically you get even 1 day pullback and everyone is super bearish again. Honestly that's not how tops are formed, you need complacency

    basically traders know the market is overbought and keep looking to catch the top but it doesn't work that way


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