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ALERT: Major Countertrend Rally Looms As Public Makes Record Short Bets Against Stocks!

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Lobo
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ALERT: Major Countertrend Rally Looms As Public Makes Record Short Bets Against Stocks!

Post by Lobo on Fri 22 Jan 2016, 4:13 pm

ALERT: Major Countertrend Rally Looms As Public Makes Record Short Bets Against Stocks!
January 22, 2016

ALERT: Major countertrend rally looms as the public (small traders) just made record short bets against stocks!
[b][b][size=18]January 22 (King World News) – [/b][/b][/size]Jason Goepfert at SentimenTrader: Small traders made a record bet against stocks on Wednesday. Odd lot short sales (bets against stocks for fewer than 100 shares) jumped to a new record, exceeding the prior record from August 24 (see stunning 10-year chart below).

King World News note:  Even though the Dow is only up about 100 points today and still trading near recent lows, it is entirely possible that these small traders may get forced into a panic short covering as a result of a major rally before the global markets head lower.  Bottom line, be cautious bears.
http://kingworldnews.com/alert-major-countertrend-rally-looms-as-public-makes-record-short-bets-against-stocks/

    Current date/time is Fri 24 Feb 2017, 2:03 am