Major indices lag tech, which is very strong here. Other areas that are strong are China, India, and energy and manufacturing.
The mixed market, along with headlines on sub prime and other recessionary fears has reduced bullish sentiment to an incredible 25% in this week's Walker Sentiment Report.
This very nearly fits the 20/80 rule, which says when 80% of the crowd is leaning one way, the 20% that stand in opposition are likely represented by smart money. With the crowd selling here and smart money is buying, which way do you think the market is going to go from here?
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