Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

Exactly on bullish sentiment high on this thread and this thread IS generally bearish. In fact, I am seeing so many Johnny Come Lately's now saying "I told you so" and "follow the trend" and "we're in a new bull", etc., etc., etc.

Most of these people are the same people who asked Zeev every day what the market is going to do and didn't know the trend changed back in October and most will be long through 15-20% of the decline. Determining the change in "trend" is just as hard as trying to call the top or bottom. However, seeing more and more confidence in making these proclamations tells me we're a little bullish here.

It's not hard to "pile on" after a 40% bounce off the lows and claim to be a prophet.