Too much cheer?

Discussion in 'Trading' started by Bowgett, Nov 29, 2005.

  1. Bowgett


    "Consider the latest readings from the Hulbert Stock Newsletter Sentiment Index (HSNSI), which reflects the average stock market exposure among a subset of short-term market timing newsletters tracked by the Hulbert Financial Digest. As of Monday night, the HSNSI stood at 66.6%.

    The last time it was this high was November 2001."


    Is is this the time to start building short positions? I am out of my long positions but I am not ready to start shorting yet.