My Crazy Investor Index isn’t always a buy signal. People who get fearful in a bear market are right to do so. But the Crazy Investor Index can be a great sell signal if there’s exuberance in a bear market, or it can be a great buy signal if there’s outright panic in a bull market.
Right now the Crazy Investor Index is flashing volatility and fear, but I don’t think we’re seeing a buy signal. Soon enough though, we will see people getting more and more happy and confident and THAT will be the time to strike and sell, sell, sell.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment