July 15, 2009
– Comments (6)
I thought I'd take the other side of the Sentiment Survey so there might be some fair comparison. Let's see what happens here.
On CAPS? The land of the perma-bears who want to emigrate because they hate the government, science, liberals in general but Obama and Hillary in particular, social security, the minimum wage, welfare, medicare, medicaid, bailouts, the stimulus, Keynes, the banks, the domestic car industry, the media, and life as we know it? It will surprise me if you get more than 10 recs. At the time of writing, you had 2 (your's and mine, I suppose)...
the FED, I missed the FED! What else did I miss? Please, add...
Two days later, and only 3 recs! Pretty clear to me that the vast majority of CAPS blog readers isn't bullish...
This was the overt attempt at truth. No one, it seems, is interested in revealing what they are really thing. Read this Blog to get the real skinny on what fools are thinking.
Now, what is the BULL/BEAR Ratio?
Here's another example of excess Bullishness.
Alstry is a Bear and he has not been quiet about it. So, the natural backlash from Bulls would be seen here.
I think the Market will continue up from here but I am also a bull so we will see.