This page has been archived and commenting is disabled.

After Hitting 3 Year High, AAII Bullish Sentiment Plunges By Most In 2 Years

Tyler Durden's picture





 

For a stark demonstration of market momentum euphoria look no further than the AAII weekly bullish/neutral/bearish sentiment. After hitting 57.56% in the week ended November 11, the highest since 2007, bullish sentiment plunged by 17.56%, to 40.00%, the biggest drop since January 2009, and the fourth biggest shift in sentiment since 2006. Alas, this is the kind of bipolar sentiment shift that will accompany a market in which everything continues to correlate with near precision to the dollar, and in which no bad news matter until they matter, and from all in buying the mood shifts to relentless selling.

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 11/18/2010 - 10:24 | Link to Comment TrafficNotHere
TrafficNotHere's picture

GM IPO, need to get the hype going so it makes Obama look good.

Thu, 11/18/2010 - 10:25 | Link to Comment TooBearish
TooBearish's picture

GS et al have billions of stk they bought on swap to make room fer GM IPO to distribute at these higher prices...what a great country....sell

Thu, 11/18/2010 - 10:26 | Link to Comment SheepDog-One
SheepDog-One's picture

Sell everything, stockpile what youll need.

Thu, 11/18/2010 - 10:28 | Link to Comment greenewave
greenewave's picture

To find out more about the Imminent Collapse of the Global Economy, watch this video "Wall Street Thieves, Bailouts Galore, Broken America" at (http://www.youtube.com/watch?v=I93dzfs8WIc).

by Anonymous

The United States economy is rotten at the core and has been stolen from the American people by the Wall Street Thieves that drove the Titanic into the iceberg in the first place!!

Thu, 11/18/2010 - 10:29 | Link to Comment Joe Grannville
Joe Grannville's picture

Knight Research' Stunning Call: "The Game Is Over"  Yesterdays headlines.

 

Today  Market up 1% in pre-market trading!

Thu, 11/18/2010 - 10:35 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

I feel ill as I watch the screen this morning.  Our once great country, now run entirely on horse shit.  Thank goodness I am long horses.

Thu, 11/18/2010 - 10:44 | Link to Comment SheepDog-One
SheepDog-One's picture

The complete corruption is disgusting isnt it Joe? Or are you 'trading it'?

Thu, 11/18/2010 - 10:45 | Link to Comment yipcarl
yipcarl's picture

Joe...the market went down almost 7 days in a row, just because it's up 1% today means NOTHING.  IT's a retrace in a downtrend, at least for now.  Plus the gov't is pulling out all the stops to make their charade look good.  GM.

Thu, 11/18/2010 - 12:18 | Link to Comment Joe Grannville
Joe Grannville's picture

All I know is I picked a bad day to stop drinkin' cough syrup.

Thu, 11/18/2010 - 11:00 | Link to Comment Bill Lumbergh
Bill Lumbergh's picture

The market was oversold and we were due for a bounce...plain and simple...what happens after this bounce remains to be seen.

Thu, 11/18/2010 - 11:41 | Link to Comment Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Bill, you are correct the market was slightly oversold. If the market has sold more than it did, it would have been just a correction. Since the market is bouncing back as it did, much greater rumblings are going on.

Thu, 11/18/2010 - 12:06 | Link to Comment Bill Lumbergh
Bill Lumbergh's picture

From a technical standpoint the indices have run up on low volume and have gaps everywhere (especially the NASDAQ) so if this is the beginning of a new move up the foundation is built on quicksand.

Thu, 11/18/2010 - 10:32 | Link to Comment Jason T
Thu, 11/18/2010 - 10:34 | Link to Comment wiskeyrunner
wiskeyrunner's picture

My goodness the magic futures worked there magic overnight, presto magic markup for all stocks.

Thu, 11/18/2010 - 10:36 | Link to Comment jory
jory's picture

Does this mean I should buy gold?  LMFAO!!!!!!!

Thu, 11/18/2010 - 10:38 | Link to Comment Silverhog
Silverhog's picture

Oh boy it's time, all on board the GM IPO cruise ship to nowhere.

Thu, 11/18/2010 - 10:38 | Link to Comment MeTarzanUjane
MeTarzanUjane's picture

Some say that doing the opposite of what the cult leaders tell you to do will earn hansom rewards.

Thu, 11/18/2010 - 10:38 | Link to Comment DollarDive
DollarDive's picture

Nice chart on European Bank holders of periphery (Ireland, Portugal, Greece)

 

http://2.bp.blogspot.com/_boO_BV8n9ko/TOU5mGr2jZI/AAAAAAAAIUc/5J0fsEPSVTg/s1600/1dmp.JPG

Thu, 11/18/2010 - 10:39 | Link to Comment yipcarl
yipcarl's picture

Really?  I guess it didn't account for today? Market up 100, ummm, on what?  O yea POMO, artificial buying indirectly buying securities in a 'free market'.  I almost forgot.  This indicators mean nothing.  When the powers that be get short that's when the market will fall and not one second before.  All these indicators can be toyed with.  The job report has come in like 2-6k jobs better every month.  YEA sure.  lies.

Thu, 11/18/2010 - 10:40 | Link to Comment Crispy
Crispy's picture

These are the moves in sentiment you get when no one can value anything.

 

got bots?

Thu, 11/18/2010 - 10:41 | Link to Comment Joe Grannville
Joe Grannville's picture

Based on this article I'm going to sell everything!

NOT!

 

Thu, 11/18/2010 - 10:46 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

Your monkey died. Musta been the steak tar-tar

Thu, 11/18/2010 - 11:19 | Link to Comment Joe Grannville
Joe Grannville's picture

No.  He died laughing when I lined his cage with print-outs from this website.

Thu, 11/18/2010 - 10:44 | Link to Comment DollarDive
DollarDive's picture

HFT computers running at high speed creating huge volume in GM trading it back and forth for $0.00000000009 creating the illusion of volume - give Obama a pocket rocket

Thu, 11/18/2010 - 10:45 | Link to Comment notadouche
notadouche's picture

As they are all backslapping and blowing themselves over the GM deal and how great it was to bail them out I find it revisionist of how the unions and GM and liberal media has somehow forgotten the bailout of GM was Bush's idea.   I hated it and think it nothing to be proud of but you really can't ignore facts, can you?  Well I guess we can in america.  Unions never said thank you to Bush.  Of course they also neglect to admit that GMAC had as much to do with bogus mortgages as anyone yet that hardly ever gets mentioned either.  They are never id'd as evil bankers.  BofA must need a union and then they would be in so many folks cross hairs.  I have to GM cars and I wish this thing would be a total flop but when you get the benefit of a stacked deck it's hard for the house to lose.

Thu, 11/18/2010 - 10:47 | Link to Comment RobotTrader
RobotTrader's picture

NTAP "shanked and cranked".....

The PigMen love this play.....

Thu, 11/18/2010 - 10:50 | Link to Comment tewkatz
tewkatz's picture

Relaaaax...Gentle Ben-evolent rests his hand gently yet firmly on the helm.  Market-force waves may crash 'round, but fear is unfounded.

...---...

Thu, 11/18/2010 - 11:02 | Link to Comment PeterSchump
PeterSchump's picture

No worries, the dollar is down and the market is ramping.

Thu, 11/18/2010 - 11:19 | Link to Comment TheProphet
TheProphet's picture

About two months ago GM bought Americredit... a subprime auto lender based in Fort Worth TX. They did this because they understand the ultimate truth: YOU CANNOT MAKE MONEY SELLING CARS. YOU CAN ONLY MAKE MONEY FINANCING THEM.

Take a look at Toyota. Last year, pre-recall, something on the order of $1.6 billion in profit. But a $2.6 billion profit at financing division... and a $1 billion loss in manufacturing.

Thu, 11/18/2010 - 11:51 | Link to Comment Printfaster
Printfaster's picture

Prophet, the idea that you can make money on sub prime finance in cars is about as good as the money made by Novastar in housing sub prime finance.  Then there were Fannie and Freddie.

Basically finance is good while it lasts, but it does not last.  Especially sub prime.

 

Fri, 11/26/2010 - 23:37 | Link to Comment ownself
ownself's picture

Puma Shoes | Men's Puma Shoes | Women's Puma Shoes | Cheap Puma Shoes | Discount Puma Shoes | Men's Puma Future Cat Shoes | Men's Puma Future Cat 0118 | Men's Puma Future Cat 106 | Men's Puma Future Cat 603 | Men's Puma Future Cat Ferrari | Men's Puma Future Cat Low 829 | Men's Puma Future Cat 825 | Men's Puma Future Cat 601 | Men's Puma Future Cat 103 | Men's Puma Future Cat 105 | Men's Puma Future Cat 602 | Men's Puma Future Cat Carve | Men's Puma Future Cat GT Ferrari | Men's Puma Ferrari Shoes | Men's Puma Ferrari 101 Shoes | Men's Puma Ferrari 102 Shoes | Men's Puma Ferrari 694 Shoes | Men's Puma Ferrari 916 Shoes | Men's Puma Ferrari 910 Shoes | Men's Puma Ferrari 695 Shoes | Men's Puma Ferrari 918 Shoes | Men's Puma Ferrari Cat Big | Men's Puma Fur Shoes | Men's Puma Fur I Shoes | Men's Puma Fur II Shoes | Men's Puma Baylee Future Cat II | Men's Puma Baylee Future II 703 | Men's Puma Baylee Future II 704 | Men's Puma Drift Cat Shoes | Men's Puma Drift Cat 098 Shoes | Men's Puma Drift Cat II Ferrari | Men's Puma Drift Cat II SF Shoes | Men's Puma Mummy Shoes | Men's Puma Mummy High Shoes | Men's Puma Mummy II Shoes | Men's Puma Mummy Low Shoes | Men's Puma Speed Cat Shoes | Men's Puma Speed Cat 099 Shoes | Men's Puma Speed Cat Big Shoes | Men's Puma Fluxion II Shoes | Men's Puma Grit Cat III Shoes | Men's Puma Wheelspin Shoes | Men's Puma Repli Cat III | Men's Puma Tour Cat Lo L | Men's Puma Trionfo Low Baylee | Men's Puma Trionfo Tour SF | Men's Puma Kimi Raikkonen | Men's Puma Brazil Edition Shoes | Men's Puma Doshu Combat Shoes | Men's Puma Pace Cat 691 | Men's Puma Ducati Shoes
??????????????????????????????????????????????????????????????????????????????
WoMen's Puma Future Cat Shoes | WoMen's Puma Future Cat 103 | WoMen's Puma Future Cat 105 | WoMen's Puma Future Cat 106 | WoMen's Puma Future Cat Carve | WoMen's Puma Future Cat Low 829 | WoMen's Puma Future Cat 825 | WoMen's Puma Future Cat GT | WoMen's Puma Future Cat Big | WoMen's Puma Ferrari Shoes | WoMen's Puma Ferrari 102 | WoMen's Puma Ferrari 910 | WoMen's Puma Fur Shoes | WoMen's Puma Fur I | WoMen's Puma Fur 889 | WoMen's Puma Baylee Future Cat | WoMen's Puma Baylee Future 703 | WoMen's Puma Baylee Future 704 | WoMen's Puma Speed Cat Big | WoMen's Puma Mummy Low Shoes | WoMen's Puma Drift Cat II | WoMen's Puma Repli Cat III | WoMen's Puma Fluxion II Shoes | WoMen's Puma Vectana Running | WoMen's Puma Grit Cat III | WoMen's Puma Wheelspin Shoes | WoMen's Puma Tour Cat Lo L | WoMen's Puma Sandals Shoes | WoMen's Puma 2 On Behalf | WoMen's Puma 4 On Behalf | WoMen's Puma 5 On Behalf | WoMen's Puma Princess Baller | WoMen's Puma BWM Sandals

Do NOT follow this link or you will be banned from the site!