2. Sentiment has improved to a level confirming my assumption that the correction has started and quite some way to go as the Goldman (rather Wallstreet bankster pattern) is now in the open and the way they make money is now revealed and no way to hide this pattern anymore. It will be a big bonanza for the other group of greedy bunch of lawyers to go for the billion law suits - SEC has opened the floodgates and the bank lobbyists are suddenly all out of ammunition. Any rally Goldman earnings might deliver is rather a selling opportunity.
|MONDAY, APRIL 19, 2010|
INVESTOR SENTIMENT READINGS
High bullish readings in the Consensus stock index or in the Market Vane stock index usually are signs of Market tops; low ones, market bottoms.
FC Market Sentiment is a proprietary indicator derived from actionable sell-side trade ideas sent by the sell-side to their buy-side clients over the First Coverage platform. Over 1,000 institutional sales people at more than 250 firms participate on the First Coverage platform and have contributed hundreds of thousands of ideas since inception. Each Idea is associated with a ticker or sector and is tagged bullish or bearish by the creator. This data is aggregated at the sector, industry and market level. The FC Market Sentiment score ranges from 0-100 (0=most bearish, 50=neutral, and 100=most bullish) and represents a completely objective, real-time view into what advice the sell-side is providing to their buy-side clients
Citigroup Panic/Euphoria Model