First Warning Sign

O

oldtime

I just saw my first etf ad on MSNBC. Been a long, long, time.

I'm a bull and fully invested in the stock market. Not a doom and gloomer.

Some of you guys don't remember the 90's. Back then people watched David Letterman, and just about every other ad was for a mutual fund.

Just something to notice.

I suppose you could call it a contrarian indicator. In that, the more financial ads you see on non financial channels, the more cautious you should be.

after all, it's been a very good and pretty long bull market.
 
What you mean the adverts are trying to make up for the lack of demand in the products?
 
I hear you.

But I think we're still a long way from "money out the wazoo" ads.

Honestly, I'm not sure we'll get there in my (remaining) lifetime.
 
Quote from Random.Capital:

I hear you.

But I think we're still a long way from "money out the wazoo" ads.

Honestly, I'm not sure we'll get there in my (remaining) lifetime.
More...
back when rates hit 10%, everybody that watched tv was an expert in rolling over cd's

you're probably right, it will probably be a little more subdued and subtle this time.

like I said, it was just something out of the ordinary I noticed.
 
Quote from oldtime:

back when rates hit 10%, everybody that watched tv was an expert in rolling over cd's

you're probably right, it will probably be a little more subdued and subtle this time.

like I said, it was just something out of the ordinary I noticed.
More...

I am confused what are you implying the ads are saying?
 
Quote from oldtime:

no, just the opposite
More...

You mean the ads are there because there is high demand for the products?
 
Quote from morganist:

You mean the ads are there because there is high demand for the products?
More...
no, the purpose of an ad is to create demand, but it's been a long time since they thought it was even worth the money to try to create demand.

like I said, it's a contrarian indicator

those of us that have been long have been living without a worry for quite some time now

just a heads up
 
For my stock market overall decisions I have used same indicator for like ever, I recall first saw it IBD back in the 80's. I am pretty much only looking for good shorts now.
 

Attachments

Quote from Handle123:

For my stock market overall decisions I have used same indicator for like ever, I recall first saw it IBD back in the 80's. I am pretty much only looking for good shorts now.
More...
you may be right, my time frame is quite a bit longer, this was a comment on the overall market, not anything a short term trader would benefit from.

actually, I don't trade ES anymore, but a I have some money in index funds, all long.

so I don't mind if you are a little right, just let me get out before you are completely right.

I'd feel a lot better about the whole deal if we could get a nice healthy correction and then continue on.
 
You must log in or register to reply here.
Back
Top