Discuss Market Comments 12/03

Follow-through- Stocks rallied again yesterday, as the rebound off of the 50-day EMA continued. Buyers showed up early, and kept the pressure on the bears all day. By the close, the Dow had gained 106-points...

Market Commentary for 12/03/10

Current Daily Market Commentary

 

[DCRanger]

Tom - Your Market Commentary has become the first thing I read everyday. That says alot. Thank you!

 

[tsptalk]

Much appreciation, DCRanger!

 

[Nordic]

The returns for the Sentiment Survey system continue to impress.

 

[tsptalk]

Agree. It has done consistantly well for years. I like to promote it so people will follow and make more money, but my fear is that the more "popular" it gets, the effective it might become.

I don't know why that would be the case, except for maybe people will answer the survey to justify their position, rather than honestly. "I think the market will go down, so I will vote bullish so we get a sell signal." That kind of thing.

But, we've been doing it for years and it hasn't happened yet, so perhaps it doesn't matter.