“The euro gathered further upward momentum as traders' sentiment for the euro-zone continued to brighten,”
“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.”
“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.”
“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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