Stock-market timers, who as recently as two weeks ago were irrationally exuberant, have reacted to the market’s recent correction by beating a hasty retreat.
This is a positive sign, from a contrarian point of view. Though short-term market-timers aren’t yet so pessimistic as to be in the “excessively bearish” category, they are getting close.
Consider...
"Market" - Google News
March 05, 2021 at 08:40PM
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The Nasdaq may be close to the end of its correction, according to market-timers' views - MarketWatch
"Market" - Google News
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