Lopsided Sentiment

Ooh, see the fire's sweeping
Our very street today
Burns like a red coal carpet
Mad bull lost its way
--The Rolling Stones

Adherents to the magazine cover indicator will take note of this week's Barron's cover.

In his Friday Rap, Fleck shared a list of indicators reflecting extreme bullish sentiment:

US equity allocation, highest on record
cash allocation, lowest on record
TRIN, five yr low
CBOE intraday composite put:call, two yr low
10-day equity only put:call, six yr low
US 10-day composite put:call, five yr low
CBOE 10-day equity only put:call, four yr low
NAAIM bullish sentiment, highest in history
AAII bullish sentiment, highest in history
Hulbert sentiment, highest in history
RYDEX bull-to-bear ration, highest in history
speculative call buying volume to open as % NYSE total volume, highest in history

Sentiment getting very lopsided.