Stock Observations Using Technical, Fundamental & Sentiment Analysis
Thursday, January 21, 2010
As I've been calling for a rally in the dollar...it has now gathered momentum off of the China and banking news. Below is a chart of the Investors Intelligence Bull-Bear Ratio, which is at the same leves where it last saw a correction. With 53% Bulls & 15% Bears...investor sentiment is historically high and this may be the start of a major correction.