Joe Friday: "Just the Facts"
September 3, 2010  Analysis from Chris Kimble 

It's Friday, and right on schedule Chris "Just the Facts" Kimble does his Dragnet impersonation, today with a focus on the S&P 500.

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Joe Friday: I posted the chart below on Monday (link to comments), reflecting the 500 index was on key support and investors were too pessimistic on stocks, with only 20% of investors bullish.

What a difference a few days makes with these conditions in place — a 5% rally in 3 days!

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For the most up-to-date Kimble analysis, check out Chris's blog: Kimble Charting Solutions.