Richard Russell said the little guy spends his life running up the down escalator. Before the crash this year I posted regarding small trader call buying as I thought it was important @ the time. I do think it is important this time as well.
According to sentiment trader.com small trader (10 contracts or less) call buying set a record high week ending May 22 of 9.7 million contracts. The record high is nearly 30% higher then the previous high witch registered the week of Feb 14th the day the DJI registered its peak.
According to sentiment trader.com small trader (10 contracts or less) call buying set a record high week ending May 22 of 9.7 million contracts. The record high is nearly 30% higher then the previous high witch registered the week of Feb 14th the day the DJI registered its peak.