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Investor Sentiment: Leading Price Lower

thetechnicaltake's picture




 

Extremes
in investor sentiment were
seen over 2 months ago while the high in prices was seen 5 weeks ago. 
Often times, indicators of investor sentiment precede moves in the
markets.  After all, the markets represent the collective opinions of its
participants.  At present, investors are viewing the markets unfavorably,
but their opinions are by no means extreme.  In the absence of bearish
extremes in sentiment, I would expect equities to remain under selling
pressure.

 

{click on link to see full report}

 

Investor Sentiment 3.20.11

 

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Tue, 06/07/2011 - 03:37 | 1346121 stuart2
stuart2's picture

it's not a bluff by NASDAQ - DirectEdge is toast without its ELP program - if flash orders are abolished, NASDAQ and NYSE pick up that market share that Directedge has gained clip in hair extensions,cheap hair extensions.

Mon, 03/21/2011 - 10:53 | 1081734 nobusiness
nobusiness's picture

Imagine how high the market could jump if there was no selling pressure???

Mon, 03/21/2011 - 10:34 | 1081659 Debtless
Debtless's picture

Isn't selling equities illegal in the US now?

I think i read that somewhere.

Mon, 03/21/2011 - 10:12 | 1081550 geno-econ
geno-econ's picture

You forget BP now helping Russia increase oil production. Not to worry ,Russian envioronmental regulations will prevent any spills or disasters. The Queens money is in good hands as are pension investments .   Ve vill increase pruduction and sposebo for dengee tovarich

Mon, 03/21/2011 - 10:11 | 1081540 French Frog
French Frog's picture

"I would expect equities to remain under selling pressure"

Some serious selling pressure today: Dow 200 pts up !

/Sarcasm - off

Sun, 03/20/2011 - 17:22 | 1079554 falak pema
falak pema's picture

Russian oil infrastructure kaput. Not easy to increase production by 1.6 MMBPD... Tovarich, niet pajalusta.

Sun, 03/20/2011 - 15:27 | 1079335 geno-econ
geno-econ's picture

Watch that guy Khadaffi. If a protracted stahlmate occurs or if country is split in half with oil supply disruptions, price of crude will spike unsettling markets and consumer. If situation resolves quickly,  ME will settle down and markets will stay bouyant until June when QE III is only false hope left before major correction. 

Sun, 03/20/2011 - 16:05 | 1079403 avonaltendorf
avonaltendorf's picture

Libyan production is not negligible (1.5 mmbd) but it hurts Europe more than US. Oil is a fungible commodity, okay, but supply isn't. A lot depends on Russia. They indicated more gas for Europe and Japan will be made available -- which is a little goofy because the world has abundant and growing gas supplies -- and Russia can probably produce more oil if they feel like it, esp at $100 bbl. Net net Libya doesn't matter.

Sun, 03/20/2011 - 13:48 | 1079111 BeerGoggles
BeerGoggles's picture

Come on!!!!!!

The levelshave been high for ages during the drift up. You are just matching the top with the levels now.

Sun, 03/20/2011 - 13:55 | 1079128 thetechnicaltake
thetechnicaltake's picture

Beer Goggles: no curve fitting here; to me it looks likes the blast off from November has been completely reversed; no doubt you are one of the believers in the Fed's ability to manipulate the markets high but what are you believing in now that QE2 has failed to lift prices sustainably?  We still have QE2 and POMO and prices are falling!

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