Comments on: More AAII Sentiment

By: craig k

craig k — Tue, 12 May 2009 04:29:48 +0000

Has anyone thought about the possibility of TARP funds being used to liquefy equity markets? causing this incredible run up from the low of March. just a simple question.

By: some_guy_in_a_cube

some_guy_in_a_cube — Tue, 12 May 2009 03:39:15 +0000

Just because there is a lot of cash on the sidelines does not imply pent-up buying power is strong. Dream on.

This is nothing more than wishful thinking, thumb-sucking optimism.

Cash on the sidelines is being used to pay down massive debt, as fast as possible, not to plow back into the stock market get rich quick casino put it all on red and spin the wheel.

Sorry, but those days are over.

By: matt

matt — Tue, 12 May 2009 01:41:12 +0000

I heard chart porn makes you go blind.

By: Bob_in_MA

Bob_in_MA — Tue, 12 May 2009 01:37:52 +0000

So, according to that bottom chart, we entered a bullish environment for stocks in late 2007?

And, let’s see, late 1992 was a bearish environement…

So sell low, buy high? Interesting methodology…

If someone produces a chart that purports to show some relationship to the market, no matter how idiotic, Barry is drawn to it like a fly to manure…

By: adeev

adeev — Tue, 12 May 2009 01:10:09 +0000

How about the sentiment and cash reserves in Japan in the 90s? The US has not been in a deflationary recession since the 1930s. So looking just 20 years back will not help you much.

Even if the economy stabilized the debt will not disappear. In addition, the treasuries are a ticking time bomb. Obama needs to sell $2trln of them. Who is going to buy them at the current rate?

By: ben22

ben22 — Tue, 12 May 2009 00:49:39 +0000

Barry,

How has site traffic been since the start of the March rally? Just curious if you’ve had a slow decline as the market went higher.

By: matt

matt — Mon, 11 May 2009 21:18:29 +0000

Hey, more 20 year charts. thanks.

By: Marcus Aurelius

Marcus Aurelius — Mon, 11 May 2009 20:42:15 +0000

These charts have no mojo. You can’t really get an accurate market prediction unless you know someone who reads chicken entrails.

By: Hondo

Hondo — Mon, 11 May 2009 20:39:00 +0000

As one of the larger penison funds in the country told me don’t bet that there is that much liquidity coming back into the market. There are many other alternatives verus equities. The game has changed…..debt levels are too high and there is no fire power from lowering interest rates…..if zero has worked not much will but time to deleverage. Most large institutions are playing the credit markets not going back to previous allocaton levels of equity.

By: Pat G.

Pat G. — Mon, 11 May 2009 20:31:32 +0000

“when it hit 70% of respondents”

So what’s the total respondent number? 100? 1000? 10000? It reminds me of the consumer confidence number. Who cares?