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CNN Money poll & Sentiment Indicators

Started by pkamm, 08/14/2008 08:29PM
Posted 08/14/2008 08:29PM Opening Post
So did anyone see the poll on CNN Money on market expectations? When I voted it something like 23% were optimistic and 30% said "I pulled all my money out". Those seem to be pretty bearish extremes. As a contrarian indicator of course, that's a paradoxically positive sign. Granted the feelings are fairly justified by some pretty dicey economic circumstances, but that does indicate that a lot of investing & buying energy has gone into 'hiding' as it were.