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  • Tony Petroski: 
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  It is a bottom signal.
  
  Where are they flocking? Health Insurers?

  Nov 05 06:31 PM | Link | Reply
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  • Duude: 
  • Comments (379)
  On Nov 05 06:25 PM Doddplan wrote:
  
  > This market does nothing but go up
  
  Uh,....don't look now but look out below!!!!!!

  Nov 05 09:13 PM | Link | Reply
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  • David White: 
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  Apparently no one read the article. It said anything over 30% of Harvard MBA's going into "market-sensitive jobs" is a sell signal. In 2008 that number was 41%. In 2009 that number was 28%. That's only a hair below 30%. It's not a buy signal unless the number goes below 10%. Apparently only the sell signal part of the theory really works.
  
  Going by the theory the market is now rated a "hold", just a hair above a "sell". The article does not try to say the market is a "buy". It's merely positive that the market is no longer a definite "sell".
  
  There is likely some substance ot this theory as a sell indicator. Who knows what the number for 2010 will be though??? It wouldn't take much to push this indicator back to "sell". If we get a USD carry trade unwind (likely if the Fed starts raising rates next spring) at the same time as a renewal of interest in "market-sensitive jobs" by Harvard MBA's that would really be a "SELL" signal!!!

  Nov 05 11:16 PM | Link | Reply