Monday, May 17, 2010

Fast Money Indicator

Fast Money on CNBC can be one of the best sentiment indicators among traders on TV. Having 4 traders on at the same time provides a good, quick look at the current sentiment. Anytime they are all this bearish after a huge decline in the market, its a good sign to take the other trade. The low of the day wasn't too far from this shows airing.... hmmm!

Watch the last minute if you want to just see the negative predictions.












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