Thursday, June 11, 2009

Quick note

One of the other sentiment survey's I follow, the American Association of Individual Investors is still not showing excessive bullishness. Last week it was showing marginal bullishness but this week it's showing an even number of bulls and bears. Now of course, not EVERY indicator has to line up for a turning point to be at hand....rarely does that happen.

Market is now approaching the 950 level. Do we bust out? It definately has a good shot today. Be on guard

No comments:

Post a Comment