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Not A Bull


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#1 OEXCHAOS

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Posted 11 August 2011 - 09:05 AM

I was thinking that the low was in, but at this point I'm pretty doubtful that it is. II and AAII both showed MORE Bulls this week and less Bears. After this action? For realz? Also, it looks like a bunch more ETF hedges came off, even after yesterday's decline.

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#2 DrSP

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Posted 11 August 2011 - 09:30 AM

Mark, After Monday, small bullish investors left the game. They are not participating in the game or poll. ;)
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#3 Trendy

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Posted 11 August 2011 - 09:47 AM

I'm a 3 to 5 week bull. I have a list of permissible long candidate stocks derived from a long daisy chain of formulas. Out of 2300 stocks total, I show only 18 in my "safe to position trade long" list. This list was up to around 1800 in the Spring. Its a great contrary indicator in itself and at 18 shows fewer stocks now than it did at the 2008 market low.

I have another self generated indicator I look at I've posted that is screaming a trading bottom.

My inverse DTF indicator the flags short friendly runs

Edited by Trendy, 11 August 2011 - 09:48 AM.


#4 DrSP

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Posted 11 August 2011 - 10:03 AM

I'm a 3 to 5 week bull. I have a list of permissible long candidate stocks derived from a long daisy chain of formulas. Out of 2300 stocks total, I show only 18 in my "safe to position trade long" list. This list was up to around 1800 in the Spring. Its a great contrary indicator in itself and at 18 shows fewer stocks now than it did at the 2008 market low.

I have another self generated indicator I look at I've posted that is screaming a trading bottom.

My inverse DTF indicator the flags short friendly runs



Thank you, but did you mean March 2008 or March 2009? Because March 2008 means Bear Stearns bottom.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.

#5 Trendy

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Posted 11 August 2011 - 10:39 AM

I'm a 3 to 5 week bull. I have a list of permissible long candidate stocks derived from a long daisy chain of formulas. Out of 2300 stocks total, I show only 18 in my "safe to position trade long" list. This list was up to around 1800 in the Spring. Its a great contrary indicator in itself and at 18 shows fewer stocks now than it did at the 2008 market low.

I have another self generated indicator I look at I've posted that is screaming a trading bottom.

My inverse DTF indicator the flags short friendly runs



Thank you, but did you mean March 2008 or March 2009? Because March 2008 means Bear Stearns bottom.



sorry, March 2009 is the correct date ... was a typo, thanks

#6 etftalk

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Posted 11 August 2011 - 06:33 PM

The put/call ratios are showing a lot of bearishness. Most since '08 for CBOE...

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#7 OEXCHAOS

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Posted 11 August 2011 - 06:39 PM

Hmmm. Well NAAIM Says, "Time to Buy."

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