when I was a young boy and had nothing better to do (let alone no money) they had a weekly newspaper called Barrons. And you could go through there and circle every time the word "Bear" came up and also "Bull"Quote from zboy2854A:
Eventually I have no doubt there will be a calamitous crash. Just remember 2 things:
Markets can remain irrational longer than you can remain solvent.
and
Markets tend not to do what the vast majority of participants are positioned for it to do. So as long as this many people are expecting a crash, it all but guarantees it cannot happen yet. In fact, the most likely outcome in the near term is a continuation of the rally to new highs. Only after most of the crashy bears have been shaken out will the market be free to actually crash.
and then all you had to do was count them up
If "Bear" came up more, it was time to buy
If "Bull" came up more it was time to get worried