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Monday, August 10, 2009
Bullish Percent as High as 2007 Before the Crash
This is just one indicator, and you can use this in conjunction with Tim Knight's OTIS indicator. Be sure to look that one up, it gives an important perspective into the human condition. Greed is fully in play right now. I wish I had the analytical tools, and resources, to see cash flows on the Huge Banker/Broker side and the retail side...I bet HBB is selling, and printing more stock, and retail is lapping it up and talking about it at the water fountain and BBQ.
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Insightful and Useful Comment!