Market Watch with Tom Waitt

May_23rd_2012.mp3 Bullish/Bearish Sentiment    Investors are at bearish extremes. Media reports of a bankrupt Greece and the possibility of their withdrawal from the Euro, a failed new issue of Facebook and the pending "Fiscal Cliff" capping off concerns as U.S. politicians continue to dig in along party lines. Contrarian Indicators: Bearish Small Investors (Click For Larger Picture) Markets move on emotions, usually FEAR & GREED, but lately it has been desperation, panic, despondency, depression, disgust and doubt all usually covered by the media in daily news reports. Currently bullish sentiment is as low as at any time since the recessions end and the bearish outlook is challenging recent highs. Without confidence, even the simplest accomplishments are beyond ones grasp. With investors at current extremes contrary opinion is important; historically turning points come at these levels. There are many opportunities to make money but it requires action on your part, each stock