too many bulls now

Discussion in 'Trading' started by Free Thinker, May 7, 2003.

  1. latest II report has 55% bullish. that level has ment short term top in past. we will see.
     
  2. DHOHHI

    DHOHHI

    Not only resistance .. but I expect a pullback of at least 5-6% as we move into the summer.
     
  3. fleck thinks its time too i think.


    Bill Fleckenstein
    Time to Fade the Rally?
    We're seeing a lot of frothiness and overzealousness. So what does that tell you?
     
  4. here's a bullish % reading on the chart for you..2yrs
     
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