Phantasmix Stock Market Blog

I’m getting lots of site visitors looking for the Depression-era charts. It’s been a popular topic ever since the crash, BUT now more than ever. That’s a contrary indicator, in my opinion.

As for the retail investor sentiment, it shifted far towards the bearish side, very fast.

That’s another contrary indicator.

I don’t want to be short here.

Investor sentiment seems to be a pretty good measure of where the prices will go in the very short term.

Today’s update shows that bullish sentiment rose from 30%+ last week to about 45% this week. Looks like the price has further to go.

Click to enlarge