A.I.M. Users Bulletin Board

[lrp42]

Hi Tom,

Not surprised at your recent sells. As some of you may know, my favorite composite sentiment indicator of general market conditions is the Fear and Greed Index. It has been steadily moving higher for the past couple of months and has been in 'Extreme Greed' territory now for over a week.

http://money.cnn.com/data/fear-and-greed/?iid=EL

At the bottom of that web page is a chart showing the index movement over the past two years. The index currently has a reading of close to 80 which seems to be the top range for most up swings, except for a higher reading back in 2014. We may be able to get more Sells out of individual stocks if we have chosen wisely, but if recent history is any guide, I don't know how many more Sells we will get out of mutual funds on this current uptrend swing leg.

Best regards,

Ray