Thursday, August 11, 2011

Has Negative Market Sentiment Gone Too Far?

Market sentiment was so negative of late. The Vix on MOnday went to 48. Highs not seen since the 2008 / 2009.

People every where keep asking me about the market. More so than at the bottom in 2008 / 2009. Everyone (Newstand guy, coffee guy, and the bagel guy, friends frm school) I talk to is worried.

As a contrarian, things rarely seem as scary in the equity markets as they do now. Maybe time to at least dip a toe in.

No comments: