Wall Street Manna

An irreverent look at Wall Street

Wednesday, September 29, 2010

Do the Investor Intelligence polls mean anything?

Apparently not!
Not since bears have become an endangered species.

But they're not just shooting them on Wall Street.

They are dropping dead bears off at the neighborhood mall!!


At September 29, 2010 at 11:44 AM , Anonymous Anonymous said...

of course they do mean something. What are you blind? Every time they go to about 2.0 the market hits the bottom.

At September 29, 2010 at 12:57 PM , Blogger Palmoni said...

I was referring to those who fade the market when investors are bullish aren't as successful as those buying when the same polls turn bearish

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