Monday, October 12, 2009

[Technical Take] Investor Sentiment and Why I'm Changing My Tune

The Technical Take compares four measures of Investor Sentiment and arrives at some interesting conclusions, including "The 'Dumb Money' indicator is extremely bullish; the 'Smart Money' is neutral; insiders are net sellers; and Rydex timers seem to be on the wrong side of the trend. Thus, stocks are [better] for renting, not owning."

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