Where to find Investors Intelligence Sentiment Index?

Discussions about the psychology of the markets and the masses as it relates to trading.
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oem7110
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Where to find Investors Intelligence Sentiment Index?

Post by oem7110 » Sat Jun 01, 2013 7:07 am

Does anyone have any suggestions on where to find data for Investors Intelligence Sentiment Index?
Any symbol from Finance Yahoo?

Thanks in advance for any suggestions

rhc
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Re: Where to find Investors Intelligence Sentiment Index?

Post by rhc » Sat Jun 01, 2013 8:07 am

oem7110 wrote:Does anyone have any suggestions on where to find data for Investors Intelligence Sentiment Index?
A Google search that takes no time at all reveals that this data may be found from Investors Intelligence (obviously!)
You can subscribe for 1 year at a cost of $249 USD
or you get their historic index data at a cost of $995 USD

See here for more info.
http://www.investorsintelligence.com/x/ ... iment.html

****************
From;
http://www.investopedia.com/articles/tr ... 100103.asp
. . . . the Investors Intelligence Sentiment Index was put to a rigorous test . . .
The study demonstrated only a weak correlation between the Investors Intelligence Sentiment Index and major market turning points. The study concluded the following: "We found the relationship between the sentiment of newsletter writers as measured by the Investors Intelligence survey and future S&P 500 returns to be negative but not statistically significant," (published in the Mar/Apr 2000 issue of Financial Analysts Journal).

oem7110
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Post by oem7110 » Sat Jun 01, 2013 8:28 am

Do you find this data useful?

Thanks you very much for suggestions

rhc
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Post by rhc » Sat Jun 01, 2013 8:48 am

Never used it.

Once again;
from the above post rhc wrote:From;
http://www.investopedia.com/articles/tr ... 100103.asp
. . . . the Investors Intelligence Sentiment Index was put to a rigorous test . . .
The study demonstrated only a weak correlation between the Investors Intelligence Sentiment Index and major market turning points. The study concluded the following: "We found the relationship between the sentiment of newsletter writers as measured by the Investors Intelligence survey and future S&P 500 returns to be negative but not statistically significant," (published in the Mar/Apr 2000 issue of Financial Analysts Journal).

oem7110
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Post by oem7110 » Sat Jun 01, 2013 10:00 am

Someone said, there is negative correlation between this index with stock market.
Thanks you very much for suggestions

stamo
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Post by stamo » Sat Jun 01, 2013 11:50 am

You might expand your search to "sentiment" in general.

Ned Davis has studied this for years and he advises "Go with the flow until it gets to an extreme and begins to reverse - that is the time to go contrary."

and “The market will usually do what it needs to do to prove a crowd extreme wrong.â€

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