Investor sentiment is a remarkably accurate contrarian indicator: When investors become exuberantly bullish, the market is nearing a high, and when investors are strongly bearish, market lows are a good bet. Be warned: Right now, the charts show the sort of optimism that precedes a fall.
Continue reading Growing Investor Optimism Could Signal a Bear Market Ahead
Growing Investor Optimism Could Signal a Bear Market Ahead originally appeared on DailyFinance on Tue, 02 Nov 2010 17:00:00.
Filed Under: Columns, Investing, Investing Basics