There is usually a pattern to the responses. To make a long story short – today was weird in that the responses I got would have made me think the market was up 1% instead of ranging from fractionally down, to back to Thursday’s closing prices and well off yesterday’s highs.
Not sure what, if anything it means. Maybe it means nothing – but I doubt that. Maybe it means people are long and complacent? Maybe it means the last bears are about to throw in the towel? Was just a weird tone to what I was following and watching today there is almost no belief things can go down – in spite of the fact that we are down (or at least we’re down when I started writing this).