Oct 31 Market Update Info

Interim Market updates will only be posted here from now on
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Yodean
Jeidi
Jeidi
Posts: 2685
Joined: Wed Sep 30, 2020 9:02 pm

November 12th, Sentiment

Post by Yodean »

Bulls 55.8%, Neutral 19.3%, Bearish 24.9%: https://www.aaii.com/sentimentsurvey?

I am probably gonna start shaving some profitable positions in my non-TI-related assets and move into USD . . . as for my MU and AITT portfolios, I'll temporary suspend my independent thinking and trust Emperor Sol.

:mrgreen:
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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MarkD
Black Belt
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Re: Oct 31 Market Update Info

Post by MarkD »

The day following the election (?!?) I began to take profits on several TI and non-TI holdings (mainly index ETFs). With the euphoria exhibited over the weekend and comments I have heard and seen from folks I know, it's obvious the set up is in place for the next round of crowd-induced hysteria. The yo-yo of 2020 is only taking a break.
"You can observe a lot just by watching"
Yogi Berra

“The best lies always contain a grain of truth”
Joakim Palmkvist
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Yodean
Jeidi
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Joined: Wed Sep 30, 2020 9:02 pm

Re: Oct 31 Market Update Info

Post by Yodean »

MarkD wrote: Thu Nov 12, 2020 3:53 pm The day following the election (?!?) I began to take profits on several TI and non-TI holdings (mainly index ETFs). With the euphoria exhibited over the weekend and comments I have heard and seen from folks I know, it's obvious the set up is in place for the next round of crowd-induced hysteria. The yo-yo of 2020 is only taking a break.


Yeh, I kinda feel the same way. If I had to hazard some type of guess, I'd say there's a 40% probability that between now and Jan. 20th, there's gonna be a 10 - 20% correction in the general equity markets.

Btw, I have a lot of cracked crystal balls, but my newest one is made of plexiglass?

:mrgreen:
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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