Thursday, November 4, 2010

Sentiment Extreme

This is an extra post, but something came to my attention at the close. This sentiment trader.com short-term oscillator has gone extreme. It is fairly reliable at picking short-term tops. It's rare to see the oscillator this high, but it does happen in bull markets where it keeps hitting that extreme as the market heads higher with only shallow pull backs, so that is the disclaimer.

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