CNBC Party Hat Indicator

Discussion in 'Wall St. News' started by ByLoSellHi, Jul 24, 2009.

  1. CNBC is getting close to 'Party Hat' euphoria stage.

    There is an analyst who has actually tracked this and found a nearly perfect correlation with CNBC euphoria and bullish sentiment (something like where 70%+ of analysts on their network are long) and extreme corrections.

    Has anyone seen this or do you know the name of this guy?

    I've searched and can't find it.

  2. you still only trading one direction?
  3. karl, please now, you know I'm bearish but sitting out.

    C'mon my D brutha in the hood.

    Homey, don't play me like that now.
  4. I'm white, brutha.