
Obsession With Central Bank Action is Unhealthy, But Typical
“We’re seeing some positive sentiment return on account of a few things: the prospect of coordinated intervention in the event of a sloppy Greek election, or outright victory of an anti austerity party,” such as Syriza, said Andrew Wilkinson, chief economic strategist at Miller Tabak & Co. –MarketWatch
NFTRH has been managing what I believe could be a pivot to a coming intermediate bullish phase in the broad markets. For several weeks now my response to the Ticker Sense sentiment poll has been ‘Bullish’ http://is.gd/IX10GL. This has been largely due to markets’ [previous] proximity to important support, pervasively bearish sentiment, an over bought/over owned US dollar and the ‘Sitting Democrat’ election year cycle.