from King World News
It’s caution time for the bears as the public is now betting heavily on a stock market crash which in the past has led to many big rallies.
May 16 (King World News) – Jason Goepfert at SentimenTrader: Gamma Exposure and corrections.
Key points:
– Small traders are spending heavily on a crash, as dealers take the other side
– Most stocks are in bear markets, with an overwhelming number in corrections
– Friday’s buying thrust may serve as a brake against further pressure