Replies to post #29489 on ajtj99's Market Pulse

[Math Junkie]

Justa, last night you wrote:

"Looking at my sentiment polls tonight and there are just too many bears."

This morning, you're saying:

"Short term sentiment has me thinking run will be limited."

Has sentiment changed that much since last night?

[Justa Werkenstiff]

Market: I am bullish for a rally to start tomorrow. I am calling a short term low at the close today on the Naz and Ndx. I have solid buys on the Naz and Ndx. SPX is there too which makes the Naz and Ndx buys all the more vaild. Rut is solid too. Dow is very close. Sox looks to have found its low already for now anyway. Only thing that does not add up are the short term sentiment indicators which are slighly overbought. Again, that may limit duration and price points of rally.