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.
Showing posts with label investor. Show all posts
Showing posts with label investor. Show all posts
Thursday, November 6, 2008
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