Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Saturday, March 6, 2010

DSI indicator

I realized, I've done my usual word drool this morning.

At this point, i'm giving it a 9.5 on my Sentiment indicator.

  • The median opinion is:
Breakout, then get short.

  • I do have some people "Calling it". They are few, and they aren't Schlubs

  • Emotions on that move, were Huge!!!

  • What I don't have is the, "All the technicals say reversal, but nobody can see it."

We have seen Sentiment be More Bullish, so... There you have it, My complete read. I will look at it on Sunday, and see what else there is, see how they feel after some time to digest it. maybe I'll even do some charts.

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"