Investors Intelligence: Nearing Extreme Pessimism Readings

from King World News:

With stock markets and commodities, including gold and silver, tumbling, today King World News interviewed 32 year veteran John Gray from Investors Intelligence. When asked what we were seeing in the way of pessimistic readings, Gray responded, “Normally when you start to see the number of bears exceed the number of bulls, and we have seen that by a modest margin the past three weeks, that generally signals the end of a correction or at least the area of a bottom. That is also what we saw at the end of August, 2010, after about three and a half months of sideways trading at that time.”

John Gray from Investors Intelligence continues: Read More @ KingWorldNews.com