Kind Words from Terry Laundry, Founder of T Theory

"Parker has sent me what I consider to be the most important refinements to T Theory I have ever received from anyone in an e-mail . . . which he calls Tweaking the 13th Advance Decline T." September 29, 2010

"Parker has sent me a very interesting concept which is the NY Advance Decline line divided by the put-call ratio . . . What he's done is introduce the idea of sentiment." September 15, 2010

"Parker discovered the Money Flow Ts . . . This is something like the Holy Grail in T Theory. You are always looking for something that will help you refine the peak date." October 17, 201

"Money Flow Ts are probably the greatest new thing I have seen in 20 years in terms of time symmetries." December 5, 2010.

Thursday, October 28, 2010

$$ AAII Sentiment Survey = Extreme Greed/Complacency

The weekly AAII sentiment survey hit 51.2% bullish, the highest mark this year.  Bearish sentiment was 21.6%, the lowest mark this year.  The bull-bear spread was 29.6%, the highest since October 11, 2007, right before the T12 price peak. 
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5 comments:

  1. Luv them WavesOctober 28, 2010 at 8:30 AM

    It all seems to be lining up.

    Still a couple weeks available on the timing.

    ReplyDelete
  2. hannahzzzOctober 28, 2010 at 8:58 AM

    Market so far today behaving very sheepish. Interesting to watch. And bonds doing better again today. Parker any thoughts on bonds?

    ReplyDelete
  3. PositionSizingOctober 28, 2010 at 9:19 AM

    hannah

    In the last several years, treasury bond yields generally move with the stock market. When they don't, I get suspicious. In the last hour, yields have trended down and the stock market has begun to follow.

    ReplyDelete
  4. AnonymousOctober 28, 2010 at 9:49 AM

    Hi, Parker,

    Where do you get the AAII number? Do you have to subscribe something?

    Thanks a lot!

    ReplyDelete
  5. PositionSizingOctober 28, 2010 at 9:55 AM

    No need to subscribe to see the results. But you must be a member to vote in the survey.

    Here's the main sentiment survey results page:

    http://www.aaii.com/sentimentsurvey

    Down at the bottom, there are a couple of links to historical survey results.

    ReplyDelete

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