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Bullish sentiment among individual investors is down to 22.2%, which could mean a stock rally is...
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Friday, July 20, 2012, 12:43 PM ETBullish sentiment among individual investors is down to 22.2%, which could mean a stock rally is around the corner. Bespoke points to six other instances since Nov. 2009 when the sentiment indicator fell below 25%; each time, the S&P 500 rose in the ensuing month, averaging 5% gains. It's noteworthy that "the big drop in bullish sentiment came in a week where the S&P 500 was up more than 2%."
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That the private investor is tired of the corruption of the financial sector, doesn't believe anymore in this rigged play
and will sit it out until manipulations like Einhorn's shorts are banned, or even better, until shorts are banned. period.
If you don't like a stock - just don't buy it.
Instead what we have is a crowd following the signs of a kid which never had areal job, and destroy liquidity of real companies with real people, who have been doing business way before Mr E was born
not to mention - Corozine, Dimon, Dimond and all the other crooks which Bloomberg and CNBC look up to with shiny eyes
OCCUPY WALL STREET !!!