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Subscriber Comments
Investors are beginning to believe that stocks go only up. Sentiment, a weighted average measure of concentration (WASo), remains above 1 (Line 51 of Trends tab of Matrix). I keep discussing these points, because it’s obvious few are prepared. Extreme readings of sentiment or Dividend Yield Cycles are not immediate sell signals but rather a reality check the plateau of prosperity often believed ahead of major correction or tops.
Weighted Average Sentiment (WASo)
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