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CNBC Mad Money November 2, 2017

For the next leg of the market, up or down on days like today, dow advanced, s p inched out gain and nasdaq declined, i have to ask how bullish are people adding money into the stock market pulling money out . The case for years and years interest rekindled by the snorting bull . Let me start out saying that sentiment is incredibly important. You dont want overexuberance, froth, people to be too excited. That means everyone would be in the pool already and youre late to the rally however sentiment is extremely hard to gauge. Theres some ways that people try to cut and dry it. Services that tell you how bullish or bearish news lr writers are every week but there are fewer and fewer newsletter writers enthusiasm or lack thereof no longer means much to me. Used to mean a great deal. Material, stock inflows. Dismal, more going out than coming in, isnt that counterintuitive many weeks produce good outlays from stocks. Call that negative sentiment certain, no sign of the dreaded froth there. ....

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