The Contrary Investing Report
Investing and Trading News, with a Contrarian, Sarcastic Twist!


Seeking Alpha Investor Sentiment: A Contrary Market Indicator?

by Brett on June 16, 2010

On Tuesday, Seeking Alpha published a “timely” piece that I penned entitled 3 Reasons This Rally Is Toast – just in time to see markets rally over 2% on the day!

The article generated a significant amount of buzz on the site – in fact, as I write this Wednesday afternoon, it’s currently the second most popular article on the entire site.

My short term predictive powers appear to have wowed a lot of readers, as it garnered 74 comments and counting – many from folks who took the opportunity to tell me what an idiot I am. 

They may be right – I’m just a guy who follows, writes, and muses about the markets for fun.  Then I got to thinking – there were A LOT of commenters who said I was a complete moron for shorting this market because it’s still a bull market.  I wondered – exactly how many?

So, I totaled it up.  Out of 74 comments, there were some repeats, and some off-topic comments – but at quick count, about 34 unique personalities that weighed in about whether or not they agreed with my short term market prognosis.

The results?

Out of 34 unique comments, an even 30 disagreed with my short term bearish stance – so we are clocking in at 88% Seeking Alpha bulls!

Might this be a contrary indicator of extreme short term bullishness?


Our Partners





Further Reading:

We publish a free daily newsletter, The Contrary Investing Report, which highlights trading and investing stories that are key to your financial success and survival. Please subscribe here.

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

More on this topic (What's this?)
Seeking Alpha Investor Sentiment: A Contrary Market Indicator?
Number 12 11 at Seeking Alpha??
Read more on Alpha at Wikinvest

{ 2 comments… read them below or add one }

Jan June 25, 2010 at 4:31 am

*Chuckle*
You are probably right.. and I like the way you take personal criticism in your stride.. good survival trait in a contrarian.. keep on writing!

Brett June 29, 2010 at 4:25 pm

Thanks! I try :) Hey at the end of the day, we gotta have fun, win or lose money :)

Leave a Comment

Previous post:

Next post: