| Subject: | Perfect Contrary Indicator for the Scam Market: Investors Intelligence Bulls Minus Bears |
|---|---|
| Date: | Sat, 29 May 2010 10:24:30 -0700 |
| From: | Jas Jain |
As you can see from the attached chart Bulls Minus Bears has proven to be a fantastic contrarian indicator for the Scam Market. It seems that when this reading is above 35 it is a good time to sell, or go short, and when this is below -20 it is a good time to buy, or be net long. The latest peak in this indicator was on 05/05/10!!!!!!!!!!!! I wish I had gotten out of my hedge against my short positions on that date.
Only morons can be made to believe that Corporate Crooks of America (since late 1990s when the old stock market was turned into the Scam Market) would make money for them. The investment made in breeding Americans into dopes has paid handsomely for CCA, led by Bankrupters and Fraudsters of New York City, under the rule of Financial Nazis of America. America's ruin is unstoppable. Please note that since I warned people about the Scam Market and advised them to avoid it, it had not gone anywhere. Crooks have cashed out trillions since then!!! So, who was on the losing end?
Happy Memorial Day.
Jas
Kirk Here: I think the way I look at AAII and II sentiment is far more useful than Jain's simple weekly subtraction. Check out the charts at my links below and see for yourself:
- State Street Investor Confidence Index
With that chart approaching 12 year lows and all of Jain's chest thumping, a short term bottom is near or has already occurred. I took significant profits in April and put a good deal of them in near the lows last week with nice gains for my efforts already. My explore portfolio is up YTD while the markets are all down.
- II-BBS: Investors' Intelligence Bull Bear survey: II Charts and Info
- AAII: American Association of Individual Investors Bull/Bear Index: AAII Charts and Info
- More sentiment charts
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