MSN Money - TheStreet.com

MSN Money - TheStreet.com

I see more and more signs of negative sentiment--a positive development. The media is reflective of the thoughts of readers. This article shows that the market is "wearing out" the active small trader. Choppy markets are hard to successfully trade. Another recent contrary sign was posted by the odd lot short sellers. The level of selling reached a 15 year high! A significant level as 1990 was a tough market year at the start of a significant recession. The economy was nowhere near as strong as the current economy. We have a "reality--perception gap". The reality is that the economy is strong, productivity is strong and the law of substitution is keeping prices in check. The perception is that inflation is roaring ahead and the economy is weak. The market will surge to the up-side before the false perception is corrected. Stay tuned as the Big Bull Boom Bubble Bust is just ahead (my forecast is the next big move starts by November--don't play games and miss the big move).