TWO MORE SENTIMENT INDICATORS - CHF AND MUTUAL FUND CASH LEVELS

1 ST IS PUBLIC OPINION ON CHF

BLUE LINE SHOWS PUBLIC OPINION ON CHF
IT IS AT A MULTI YEAR HIGH
IT IS EVEN HIGHER THAN IN 2007

CHF IS A SAFE HAVEN CURRENCY

BUT WHEN USD BULL RALLY BEGINS - EXPECT CHF TO FALL AS WELL
2008 IS AN EXAMPLE TO SEE WHAT WE ARE ABOUT TO SEE IN 2012 / 13


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2ND IS MUTUAL FUND CASH LEVELS

THIS IS AN EXCELLENT CONTRARIAN INDICATOR

TODAY MUTUAL FUND CASH LEVELS ARE AT 3.5%
THIS IS THE LOWEST IT HAS EVER BEEN

SO MF'S ARE 96.5% INVESTED AND HOLD THE LOWEST AMOUNT OF CASH TODAY
WE CAN SEE THAT AT MKT PEAKS ON 2000 AND 2007 - THEY HAVE THE LOWEST CASH ON RECORD

THEY ARE A HERD AND ACT IRRATIONALLY

WHEN MKT CRASHED IN 2000 AND 2007 - THEN LATER ON THEY MOVED INTO CASH BY SELLING LATE AND TAKING LOSSES

ANYBODY WHO HAS MONEY WITH MF'S SHOULD LOOK AT THIS AS A RED FLAG


WHEN THE MKTS PEAK AND CRASH IN 2012/13/14 - MF'S WILL BE CAUGHT UNAWARE AND THEY WILL LOOSE A LOT OF MONEY

IN MY VIEW - NOW IS A TIME TO REDEEM FROM THESE MUTUAL FUNDS