How do we interpret a poor sentiment ratio?

May 26, 2022 | Jim Noble


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Almost 80% of the buyers we would normally see in the market are afraid to act. This is a level of complacency that we have not witnessed since March of 2009 - the point at which the market bottomed during the great financial crisis.

 

Sentiment at 0.28 – only lower in March 2009!! (Market bottom during GFC)