Results 1 to 9 of 9

Thread: tsp sentiment as a tool 2 trade etf's with???

  1. #1

    Join Date
    Jan 2009
    Posts
    77

    Default tsp sentiment as a tool 2 trade etf's with???

    Tom et al
    what have u guys done with this data?? seems to be a VERY consistent indicator 4 exactly what i'm not sure yet....lol

    roger dodger at tt seems to think % wise a big move is due either up or down based on the extreme reading u r generating now
    http://www.tsptalk.com/sentiment.html


  2.  
  3. #2

    Join Date
    Jan 2009
    Posts
    77

    Lightbulb Re: tsp sentiment as a tool 2 trade etf's with???

    Quote Originally Posted by teknobucks View Post
    Tom et al
    what have u guys done with this data?? seems to be a VERY consistent indicator 4 exactly what i'm not sure yet....lol

    roger dodger at tt seems to think % wise a big move is due either up or down based on the extreme reading u r generating now
    http://www.tsptalk.com/sentiment.html
    always found it interesting that rd followed tsp sent so closely as a daytrader
    http://www.traders-talk.com/mb2/inde...owtopic=100964

    think myself if you could discount the fear factor of those voting somehow this would be the finest indicator available. my gut feel on these polls is to fade them normally....will pay more attn to this one in the future

  4.  
  5. #3

    Join Date
    Dec 2007
    Posts
    906

    Default Re: tsp sentiment as a tool 2 trade etf's with???

    Hi tekno - I was thinking the same as rd. With the 0.45 to ratio, we could see some sort of rebound this coming week, but it may be preceded by a nasty Monday or Tuesday.

    We've had a couple of double digit week gains in '08 after a reading of under 0.50, although we did have one that was down 6% and a couple of smaller losses. I will do more research to see how those weeks played out.
    -- Tom | My Trades

  6.  
  7. #4

    Join Date
    Dec 2007
    Posts
    906

    Default Re: tsp sentiment as a tool 2 trade etf's with???

    Quote Originally Posted by teknobucks View Post
    think myself if you could discount the fear factor of those voting somehow this would be the finest indicator available. my gut feel on these polls is to fade them normally....will pay more attn to this one in the future
    The "bull market rules" worked quite well for a couple of years, so I am hoping that our new "bear market rules" will help with this fear factor. As you probably saw, we went all of 2008 without a reading over 2 to 1 so we never got a sell signal. That hurt.
    -- Tom | My Trades

  8.  
  9. #5

    Join Date
    Jan 2009
    Posts
    77

    Default Re: tsp sentiment as a tool 2 trade etf's with???

    yep

    these wild swings have done little 2 mask the overall trend....still think a 500 spx may occur.

    I"M SURE 650 will...very soon ....hope it holds since i intend on a "buy with both fists" plan at that point...lol

  10.  
  11. #6

    Join Date
    Jan 2009
    Posts
    84

    Default Re: tsp sentiment as a tool 2 trade etf's with???

    Quote Originally Posted by teknobucks View Post
    yep

    these wild swings have done little 2 mask the overall trend....still think a 500 spx may occur.

    I"M SURE 650 will...very soon ....hope it holds since i intend on a "buy with both fists" plan at that point...lol

    That is my plan too.

  12.  
  13. #7

    Join Date
    Dec 2007
    Posts
    906

    Default Re: tsp sentiment as a tool 2 trade etf's with???

    -- Tom | My Trades

  14.  
  15. #8

    Join Date
    Jan 2009
    Location
    Upstate NY
    Posts
    142

    Default Re: tsp sentiment as a tool 2 trade etf's with???

    I wonder if there's a way to put into numbers some kind of ETF talk sentiment. If not I'm sure we can at least use it as a way to see where the 'hot money' is flowing on a daily basis.
    "Don't let your highs get too high and don't let your lows get too low." Bullitt’s Market Blog

  16.  
  17. #9

    Join Date
    Dec 2007
    Posts
    906

    Default Re: tsp sentiment as a tool 2 trade etf's with???

    I'm not sure we have a big enough following yet to get a meaningful survey; hopefully in a few months. Good idea. We are the smart money, right?
    -- Tom | My Trades


  18.  

Similar Threads

  1. trade sharing etf's
    By forxprofit in forum Investing in ETFs
    Replies: 0
    Last Post: 01-11-2011, 02:17 AM
  2. Great Tool for Investing / Trading
    By etftalk in forum ETF Trading
    Replies: 0
    Last Post: 12-02-2009, 09:26 PM
  3. Latest Sentiment Survey Polls
    By etftalk in forum Market Sentiment
    Replies: 32
    Last Post: 07-24-2009, 07:25 PM
  4. Here to trade
    By Bullitt in forum Member Introductions
    Replies: 2
    Last Post: 02-07-2009, 11:26 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •