bearish market tones?
I hear alot of screaming analysts out there saying we are about to crash. Others swore on their mothers grave that we were about to bounce months ago. LOL OUCH!
What we are saying is go back and look at the market sentiment as always, and see what that is saying in bullish markets, and bearish markets, and you will always get the right answer!!!
BEARISH MARKETS HERE?
It is not rocket science. If we go and take a look at market sentiment right now mid November 2012 we can clearly see that right now the market breadth is indicating EXTREME 'PANIC' FEAR levels or FEAR amongst investors out there right now.
As you are well aware, we want to be the contrarians or oppose that view. That is what the smart money is doing at the moment. That is how they make their money time and time again. So we just follow that sentiment.
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| bearish markets |
Yes ok, we could go and sell off a bit more, but the Thrust chart clearly shows we have reached quite extreme panic levels we have not see for some time, and usually means we are getting close to seeing some sort of a MAJOR bottom.
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