Wild swings are occurring with unprecidented regularity in various markets across the spectrum. One minute you have 98% bullish sentiment in one market and the next minute it is 92% bullish in an entirely different market, (often in the extreme opposite market), So what does this mean for the overall investing community?
In the video below, Robert Prechter talks to Yahoo! Finance Tech Ticker host Aaron Task and Henry Blodget about how “People have fallen in love with Buying” and since the FED funds rate is almost non-existant people are chasing yields and going all over the place looking for somewhere to put their money.
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(Note: This interview was originally recorded on September 20, 2010 if you can not see it it is no longer available.)
