Response requested: Who’s more scared right now, the bulls or the bears?…

I know it’s only been six days — four trading sessions since I first asked you guys to weigh in on the question: “Who’s more scared right now, the bulls or the bears?”.  At the time, last Tuesday, the DJIA was below 11,000 and I got about 100 replies from you guys — I can find only one that said the bears were more scared…and it was written by some guy who barely speaks English, so he might also have been saying that the bulls were more scared and I just didn’t understand it.

At any rate, as I noted back then — when the answer to that question becomes so overwhelming on one side or the other, it can often mark a significant reversal in the markets.  And that’s what we had off those lows.

But now we’ve rallied 7% or more in the broader markets in just the last four trading sessions since I asked that question and now we need an update!  Send me your thoughts to cody@clwillard.com on the answer to “Who’s more scared right now, the bulls or the bears?”