All indicators here. CNBC screaming end of world, Cramer bearish, biotech's in bear territory=buy now, bears on message boards out of woodworks, correction calls of 10% ( I heard that at 1150, 1550, 1650, 1750).If you are a moron, you would be short still
You're bullish because a few clowns on CNBC are scared? And because you think there are a lot of bears on message boards? This is your barometer? I hope you get your face handed to you next week.
Sentiment: Strong Sell
You're bullish, but what about the "BIG BOYS"? That's what really counts. Right now the "BIG BOYS" are a little skittish. They haven't got their required dosage of QE, so they're squealing like stuck pigs. The bottom line is this, Yellen must print!!!
The global economy is slowing, QE is a total failure, companies are struggling, food and fuel prices approaching all time highs, unemployment remains high, Russia, Syria, Iran, Venezuela are at war or on the verge. Keep buying Facebook.