Monday, July 25, 2005

WE are MONKEYS?

http://money.cnn.com/2005/07/25/markets/anxiety/index.htm

This TRIPE from CNN would have us believe investors are worried? SHOW me ONE damn indicator of that?

DO they mean the fact that small investors have been reducing their shorts dramatically last 4 weeks? Or perhaps a decade low in the VIX? or 20 day CPCE at .54? (stocks only out call)

Or maybe RECORD string of bulls in IIAA polls in plurality? Or record readings in SPX/VIX ratio? Or bidding GOOG to over $300?

Also I see on RR board, some are bringing up the BDI, an index I have been discussing here for several months! My last post goes into much detail on why the BDI should be followed.

Duratek

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