1. Interesting Timing on this headline and post - could be downright prescient as a contrary indicator
LA Times Blog - 'Buy the dips': The Wall Street cliche that has worked like a charm
November 18, 2009 | 6:00 am
2. Barron’s Big Money Poll which found that the most bullish positions also highly correlate to the highest net speculative futures positions:
2. Barron’s Big Money Poll which found that the most bullish positions also highly correlate to the highest net speculative futures positions:
Below chart highlights the latest Barron’s consensus on the various asset classes — percent bullish and bearish. As expected 60% are bullish and only 13% bearish on equities.
Amazing!
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