Replies to post #381220 on Zeev's Turnips Patch-No Politics (ZEEV)

[harker]

I hate to be the bearer of this news however, but most on this thread have been dead wrong for quite awhile. Even Zeev Hed, who I respect very much, has been totally off on his market calls. I think that if most here expect a rally, its not gonna happen.

[otraque]

Get this AAII a week BEFORE this just gone by bad week had its LOWEST Bullish reading in 13 years!.
And they were right.
Spear Report notes the AAII sentiment indicator has been been showing increasing savviness on part of its investors, and one need become aware of that.
The basic trend is sentiment indicators on AAII as a contrarian indicator have not been working for quite some time.
People that have used the AAII the past couple years as a contrarian indicator have had their head handed to them on a platter.