Chuck Scarett: How are you feeling today?
Joe Scheffer: Confident!
--Joe Somebody
More evidence of lopsided sentiment. Investor's Intelligence % bulls and % bears:
CBOE put:call ratios:
Sentimental extremes are contrarian in nature. The more lopsided the market sentiment, the greater the likelihood of major trend reversal.
position in SPX
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To know, is to know that you know nothing. That is the meaning of true knowledge.
~Socrates
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