Fear And Greed IndexAll traders must be aware of the dangers posed by the conventional markets. They are way overbought, and a crash in the conventionals could occur at any day. The conventional market has an extreme greed level reading of 85, anything over 82 is considered very dangerous. If the conventional's go down they will drag the precious metal stocks with them as everything gets thrown out in the bath water. Precious metal stocks will be the first to recover and remember they are already way OVERSOLD. If the conventional market goes down it is always good to have some dry powder and a list of the stocks you like. Then you can put in a stink bid and I'm sure you will get a fill. Cheers!
Fear & Greed Index - Investor Sentiment - CNNMoney