Saturday, August 22, 2009

Another reason the stock market is near the end of the rally...



http://www.sentimentrader.com/


The long term side (on the right) of this chart reached an extreme similar to the current values of the short term (on the left) side 2-3 weeks ago and then pulled back, but the short term side has not been this bullish since the rally began in March. I think we're in the last inning, before things turn ugly.

Combine this information with the charts on the previous two posts...

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