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I'm one of the few Bulls for this week, and I have to admit it's an uncomfortable position to take. A lot of things have turned down. That said, there were very few Bulls in our Wall St. Sentiment weekly survey, and the Weekly Fearless Forecaster Poll had nearly 70% Bears on Sunday.
The biggest reason for my Bullishness this week is the Timing Point Projector.
This thing has been tracking pretty well so far. It may get off track today or not, but since it was created on September 8, it has been nearly perfect.
Chart here:
http://www.TimingPointProjector.com
Posted by: Mark Young | October 27, 2009 at 01:39 PM