Zeev's Turnips Patch-No Politics (ZEEV)

[gottfried]

arco, re >Intelligence numbers already over 50% bullish!< those are bullish newletter writers. Retail investors are very bearish according to a Business week poll.

Business Week has an article with results of a survey of small investors. They have not been so bearish in 7 years. Contrast that with the usual surveys of newsletter writers [they're bullish].
small investors poll http://www.businessweek.com/@@FxRs@YcQNAJ6tAcA/magazine/content/02_52/b3814619.htm

excerpt
It's no surprise that the bear market has taken its toll, but the sheer intensity of investors' gloominess is remarkable. In the poll, conducted Dec. 6-9, more people than at any time in the last seven years predicted ultra-low long-run returns from stocks, more said a stock crash was "very likely," and more said real estate was likely to be a better investment than stocks. There were similar results for some newer questions: Fewer people say they've bought shares lately, fewer plan to buy any soon, and fewer are confident of their ability to beat the market.

To some observers, the dark mood of small investors is evidence that there's no foundation for a rally to build on. But contrarians argue just the opposite. They say that investors have probably already acted on their pessimism by dumping shares, so the market has nowhere to go but up. If they're right, it could be a good time to buy.

newsletter writers sentiment http://www.schaeffersresearch.com/streetools/inv_intel.asp?ticker_symbol=INTC

Gottfried