Investor Sentiment and Market Returns: Now's the Time to Be Bold [View article]
It's a sentiment indicator and this sentiment can remain the same or get more bearish for many months to come while the market continues to flounder. Almost ALL technical indicators are above levels found at major bottoms in the past. Of course, this is only useful information if you want to be bold and prudent at a bottom. I take with a grain of salt advice to get long from an investment advisor, as it's inherently conflicted.
Investor Sentiment and Market Returns: Now's the Time to Be Bold [View article]