“The euro gathered further upward momentum as traders' sentiment for the euro-zone continued to brighten,”
“The story of the current account deficit allowed traders and analysts to justify any currency prices. Sentiment got overly bearish on the dollar.”
“We could easily see a dollar or two setback in a few sessions if the momentum traders switch sides.”
“Despite yesterday's broad advance, trader sentiment remains sober.”
“You need a high level of sentiment in position for traders to regularly pay higher and higher prices for stock, and we are seeing just that at the moment.”
“Short-term traders are disappointed after they'd hoped for a large upward revision.”
“It's no coincidence that three of the top five stock option traders in a recent trading contest were all ex-Marines.”
Robert Prechter Jr.
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