Email of the day 2
On sentiment:
“From this week’s Barron’s the editor (the very brilliant Randall Forsyth) cites Investors Intelligence’s latest polling of newsletter writers which turned up just 13.3 percent who were bearish (can you be 0.3 percent bearish?), the lowest reading since February 1987. Holy Moly!”
Well, it's costly to be bearish in an uptrend but there are plenty of nervous bulls. This warning should not be ignored.
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