Anybody checking Bull-Bear ratio?
"Bull-Bear Ratio Indicates Continuation It's clear that most people on Wall Street believe this is going to be a reversal, and this is evident in loking at the Bull-Bear ratio where Bears outwiegh Bulls by a significant, almost historic margin. And typically when you see that you have to put your contrarian hat on and assume things are going to turn away from the one-sided pressure. In other words the Bearish sentiment will give way on any good avdance, the Shorts will be forced to cover, and the market will surge forward. " |