[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: Re[3]: [RT] spx daily



PureBytes Links

Trading Reference Links

I agree that it's CONTRARY....but only becomes valid as such when the
sentiment indicator begins to TURN the other way.....

> -----Original Message-----
> From: BobsKC [mailto:bobskc@xxxxxxxxxxxx]
> Sent: Thursday, May 22, 2003 9:07 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re[3]: [RT] spx daily
>
>
> Again, what is the bullish sentiment?  What people tell pollsters or what
> they actually do?  If you go by what they are doing, and if you
> believe in
> contrarian principals, (which you obviously do), then you would be long.
>
> Bob
>
>
> At 03:18 AM 5/23/2003 +0400, you wrote:
> >Hello BobsKC,
> >
> >I am short. To me highest bullish sentiment is a sign of near top.
> >
> >Best regards,
> >  Alex                            mailto:alex_bell@xxxxxxx
> >
> >
> >Friday, May 23, 2003, 3:01:13 AM, you wrote:
> >
> >B> Bullish sentiment may be high but in fact, shorting is robust
> and getting
> >B> stronger.  So do we go by what people say or what they do?
> >
> >B> Bob
> >
> >
> >
> >B> At 02:52 AM 5/23/2003 +0400, you wrote:
> > >>Hello Mark,
> > >>
> > >>%Bearish today is lowest since 1991:
> > >>
> > >>http://www.schaeffersresearch.com/streetools/inv_intel.asp
> > >>
> > >>". High readings suggest excessive optimism, which typically occurs
> > >>when buying strength has been tapped out, and low readings represent
> > >>depleted selling strength, and tend to precede market rallies. We
> > >>normally view a bullish percentage higher than 55 combined with a
> > >>bearish reading lower 30% as bearish for the market."
> > >>
> > >>
> > >>Best regards,
> > >>  Alex                            mailto:alex_bell@xxxxxxx
> > >>
> > >>
> > >>Thursday, May 22, 2003, 9:36:17 PM, you wrote:
> > >>
> > >>MS> You meant "higher high", right ?
> > >>MS> Don't underestimate the bulls....they are wildly optimistic right
> > >>MS> now.....and holding this market up.
> > >>MS> Bull-Bear survey ratio now at the highest point in years....
> > >>MS>   -----Original Message-----
> > >>MS>   From: none [mailto:profitok@xxxxxxxxxxxxx]
> > >>MS>   Sent: Wednesday, May 21, 2003 10:40 PM
> > >>MS>   To: realtraders@xxxxxxxxxxxxxxx
> > >>MS>   Subject: Re: [RT] spx daily
> > >>
> > >>
> > >>MS>   Hello
> > >>
> > >>MS>   I am with you  that  there is a high probability that we make a
> > >>lower high
> > >>MS> tomorrow or Fri. and then  collapse
> > >>MS>   Ben
> > >>MS>     ----- Original Message -----
> > >>MS>     From: Rhonda Guilbeaux
> > >>MS>     To: realtraders@xxxxxxxxxxxxxxx
> > >>MS>     Sent: Wednesday, May 21, 2003 7:37 PM
> > >>MS>     Subject: [RT] spx daily
> > >>
> > >>
> > >>MS>     Last quarter's candle waist 882.
> > >>MS>     right at the 200 dma area.
> > >>
> > >>MS>     Higher support..at the 898 area.. (near the rising 50dma)
> > >>MS>     Wouldn't  be surprised to see this price level
> tested.. and also to
> > >>MS> hold, initially
> > >>MS>     anyway.
> > >>MS>     if not, 867-882 looks to be a good higher support area.
> > >>MS>     Breaking above last weeks highs and more important
> > >>MS>     953-955  then I am incorrect in my assessment  that
> last week's
> > >>MS>     high is "semi" important and perhaps
> > >>MS>     a slightly stronger pullback than what
> > >>MS>     we've seen thus far coming off the
> > >>MS>     March higher low.
> > >>
> > >>MS>     Tend to think any high made latter week
> > >>MS>     will be a lower high than last weeks
> > >>MS>     high as
> > >>MS>     last weeks low was broken below.
> > >>MS>     I do
> > >>MS>     Best,
> > >>MS>     Rhonda
> > >>
> > >>
> > >>
> > >>
> > >>
> > >>
> > >>
> > >>
> > >>
> > >>MS>     To unsubscribe from this group, send an email to:
> > >>MS>     realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >>
> > >>
> > >>
> > >>MS>     Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> > Service.
> > >>
> > >>
> > >>MS>         Yahoo! Groups Sponsor
> > >>MS>               ADVERTISEMENT
> > >>
> > >>
> > >>
> > >>
> > >>MS>   To unsubscribe from this group, send an email to:
> > >>MS>   realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >>
> > >>
> > >>
> > >>MS>   Your use of Yahoo! Groups is subject to the Yahoo!
> Terms of Service.
> > >>
> > >>
> > >>
> > >>To unsubscribe from this group, send an email to:
> > >>realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >>
> > >>
> > >>
> > >>Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
> >
> >
> >
> >B> To unsubscribe from this group, send an email to:
> >B> realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> >B> Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
> >
> >
> >
> >To unsubscribe from this group, send an email to:
> >realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> >Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>



------------------------ Yahoo! Groups Sponsor ---------------------~-->
Get A Free Psychic Reading!
Your Online Answer To Life's Important Questions.
http://us.click.yahoo.com/aM1XQD/od7FAA/uetFAA/zMEolB/TM
---------------------------------------------------------------------~->

To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx

 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/