3/6/15

The beginning of a correction?

 
 
This chart is courtesy of Investors' Intelligence and shows the confidence of investment advisors. The indicator in the bottom panel of the chart shows bullish sentiment has reached extreme levels. These levels are found at the beginning of previous market corrections.
  
Will the correction be severe or the market will pause for a few weeks before resuming its upward trend?

 

George Dagnino, PhD
Editor
The Peter Dag portfolio
Since 1977

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