Contrarian bulls will take no heart from the latest AAII Investor Survey showing bullish...

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Stone Fox Capital Comments (4545)
 
not good for the bulls, but I still want to know where all these bulls exist. It sure isn't on SA.
5 Jan 2012, 01:32 PM Reply Like

Playing the Ponzi Comments (139)
 
Maybe SA has a savvier than average populace. It also likely depends on timeframe, and I don't know what the time horizon is for AAII surveys. In the short term, some things are aligned for more upside. In the slightly longer term, we're probably due for another crash... and then more upside should inevitably follow, eh? Isn't that our debt-based, ponzi game?
5 Jan 2012, 01:36 PM Reply Like

Reel Ken Comments (1840)
 
Hi Ponzi,

If you bothered to actually read the article before commenting you would see that the time horizon is six months.
5 Jan 2012, 01:52 PM Reply Like

Playing the Ponzi Comments (139)
 
Thanks for pointing that out, Reel. Really quite inexcusable on my part - but that's something I should know, anyway. Now I AM genuinely surprised that 49% are bullish 6 months out. I expect the next rising wave to crest well before then. But I guess that just makes me part of the proverbial "wall of worry"...
5 Jan 2012, 02:16 PM Reply Like

tunaman4u2 Comments (2373)
 
There are NO bears on this site... I have no idea where you are bro... everyone buying & selling like nothing is wrong
5 Jan 2012, 01:36 PM Reply Like

headrock Comments (13)
 
"The long term bullish average is 39%, bearish 30%. "

well, sure. but that was before central planning, when fundamentals actually meant something.
5 Jan 2012, 01:49 PM Reply Like

Seeking Alphalfa Comments (87)
 
Have to agree with Stone Fox here . . . IMO SA is full of bears -- maybe not "traditional" bears but those who have come to believe that it's easy to make money "betting" against the market via TVIX, SDS, SPXU, etc. It's not.
5 Jan 2012, 01:53 PM Reply Like

Playing the Ponzi Comments (139)
 
Using those instruments, you're right. It certainly is not. And betting against a Central Banking cartel that is bent on expanding the ponzi is a pretty tough way to make money. Not that Central Banks have any other choice. Infinite growth is the system's premise, and "muddling through" isn't an option.
5 Jan 2012, 02:17 PM Reply Like

Nolesince87 Comments (221)
 
Most of the weak bears have already given up. I see much more bullish sentiment now than I have before November. I'm still holding my Jan puts, but I fear they will continue taking this market up higher until they expire. Oh well, I'll be shorting again NEXT month
5 Jan 2012, 02:28 PM Reply Like

Playing the Ponzi Comments (139)
 
I tend to agree Noles... I'm long some stuff here, but holding a fair supply of SPY Dec 12 puts... and looking to add if/when the markets gets to resistance around 1320-1340.
5 Jan 2012, 02:31 PM Reply Like