In the Minority

I am in the minority (Bullish) of participants in the new blogger sentiment poll at Birinyi’s Tickersense. I will NEVER be in the “Neutral” category as I prefer to take a firm position and avoid confusing people with where I stand. I guess this is part of my “blunt” personality that has been known to upset a few people from time to time. Even though Birinyi is keeping the individual responses anonymous (to protect the innocent?), you can be assured that my votes will be easy to predict. If the tone of my posts and the Hedgefolios Timing Indicator is positive, I will be responding with “Bullish” and vice versa. Given that I am currently hovering at the 50/50 level with the Hedgefolios signals and I refuse to say “Neutral,” I defer to my increasing belief that there is a good probability that this market is heading higher. I know I am in the minority with this sunny view and so far, I have been incorrect since the Hedgefolios Timing Indicator went bullish two weeks ago. Despite the geopolitical crises and their impacts on the market, I looked at all the signals this week and didn’t feel overwhelmingly discouraged. Even though Birinyi’s poll is new and I am not sure how you can make money on it, I think it will be fun to watch. If nothing else, it is a new reason to visit an excellent site that should be part of your investing routine.