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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,253.47
(
0.01%
)
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techcharter

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techcharter

Re: None

Wednesday, 04/06/2011 8:56:12 PM

Wednesday, April 06, 2011 8:56:12 PM

Post# of 51804
Extreme Investor Intelligence Reading.

Bulls 57.3%
Bears 15.7%

This was a HUGE change compared to last week's reading. The reading is the largest in the past year, and it is AFTER 2 years of rallying. The top has to be very close. The greater the difference between the two camps represents the greater the emotional level in the markets, or the greater the chances the markets are about to reverse.

http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx
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