More reading

I was reading this: from the 7th

The S&P 500 is rallying back into its upper resistance zone and minor downtrend line … The market has now moved 26.37% off the intraday low set on March 6, 2009. The easy call here is to say, “Sell everything and lock in the gains from this trading rally and wait for a re-test then buy back in!”

However, as we all know the easy calls are the ones that are so obvious they never seem to work out. As the old traders’ saying goes, “The market is here to reward the minority and confound the majority.” After meeting a lot of investors recently in meetings many feel and I quote, “safe” in cash and also “do not mind having missed this move”.

There is also this from the 10th

Current levels approximate liquidity seen at the 1990 and 2002 lows, which continues to suggest that there is probably enough liquidity to keep moving stocks higher in this snapback/bounce.

One thing I don't think people realize is that Barry does a good job of doing "Ambiguous posts" that lead people to spend some time posting their sentiment. His blog tends to lean bearish. The Suspicious side of me, says they do it to help his firm read on sentiment. Let me point out they have been doing it with increased frequency... as we are all very nervous.

Here is a post from his blog Seems like a Clear attempt to Measure sentiment,and does just that:

To read the comments, That post does show a slight Bullish Bias.

I also liked looking at the post he referenced

It's interesting to measure how the "Experts" were in sentiment. And to look at those comments, which were running on the bearish side. But we do finally have some "Bulls" coming out of the closet.

OK, Seriously I have to go outside.

(UPDATE:4:55 I fixed the broken link to The big Picture. HT:TONY AKA StarWealth)