BULL/BEAR SENTIMENT INDICATOR AT EXTREME LEVELS-very bullish

Discussion in 'Trading' started by dsq, Oct 8, 2008.

  1. dsq

    dsq

    bulls are under 20%
    bears at almost 50%

    This bearish ratio is extreme and seldom seen-usually preceds a big rally... was last seen at july lows...
    Interesting to see if this is a meaningless indicator this time round.I suspect that the fundamentals will trump this indicator this time...might stay this bearish for a while before a rally...