Credit Suisse Risk Appetite indicator showed in early December that we could be near a bottom. Not only that, but the fear seems to be so high now, that we have surpassed 1982 bottom, 1987 crash, 2002 bottom and 2008 crash when it comes to sentiment.
Bears beware... Euro shorts are at record highs, mutual fund outflows are very high and sentiment indicators like the one above are extremely negative.
... and TB is the most crowed asset class all round the world...
ReplyDeleteFred
Yes. My trading call on shorting the Treasuries bonds triangle last week wasn't one of my greatest. The triangle broke to the upside. Having said that, within the next few days, weeks or a month or two, we are bound to reach a major top. We are very close to a major top...
ReplyDeletehang in there
ReplyDeleteHi Tiho,
ReplyDeleteWhere I can get this data?
Ty
From Credit Suisse Investment Bank
ReplyDelete