Sunday, April 16, 2006

Realmoney barometer

One thing I like Realmoney.com is their weekly sentiment poll. Although it is not as well known as other sentiment indicators, it tracks the greed and the fear pretty well. Besides, the direction of a sentiment indicator is more important than its overbought or oversold readings, because an extreme reading can go to even more extreme. So most of time I am only looking at the direction.

No comments: