XJO 0.81% 7,971.6 s&p/asx 200

wayward1's 17 screen ta setup for xjo tuesday, page-71

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    Here's an interesting, but probably quite unreliable, sentiment statistic.

    The number of hits on my blog today rose to a five week high. And today is not yet over.

    What does it mean?

    Increasing interest means that people are overly worried about bearish action. The mob's nervous system is usually calibrated inversely to near term action in the stock market.

    Increasing number of hits = bearish sentiment = probable bullish rebound.

    For what its worth.

    Redbacka
 
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