SPX re: sentiment-AAII has shown 37 consecutive weeks of
negativity, the most since 1987. Charlie Bilello sited the other
day. At some point, it gets stretched way too far. And the market
changes its message as it has been doing since the big reversal. I
remain with no changes to my long term inventory since those buys
at extreme weakenss. Let's see how today goes, this is an important
close for the market. It has been an amazing morning trading.
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SPX re: sentiment-AAII has shown
Posted by fundamentalvalues on 13th of Dec 2022 at 09:05 am
SPX re: sentiment-AAII has shown 37 consecutive weeks of negativity, the most since 1987. Charlie Bilello sited the other day. At some point, it gets stretched way too far. And the market changes its message as it has been doing since the big reversal. I remain with no changes to my long term inventory since those buys at extreme weakenss. Let's see how today goes, this is an important close for the market. It has been an amazing morning trading.