Matt Callow_

Investor Sentiment and Market Returns: Now's the Time to Be Bold

Great article, and in general, I agree with the relationship of when sentiment dives, it's time to buy. However, your six historical examples are based on when negative sentiment peaked. We don't know when or where it will peak this time around, so I think you are comparing apples to oranges. In the example where negative sentiment peaked at -37%, I wonder how they would have done if they bought when sentiment was at -15%???

Finally, I think the internet delivers info so fast today, that sentiment moves much faster than it ever did before. We can get to that -15% today, much quicker than we did in the early 90's.