While certainly not always the case, investors ignoring or apathetic to names or sectors can be a sign of looming bullishness.
In the cycle of Sentiment, Panic, Capitulation and Despondency often mark the extreme bottoms. However; Depression, Apathy and Indifference are often realized while the pattern is in the early stages of crawling out of a hole. This Depression/Apathy transition can often coincide with the first significant Elliott Wave "One-Two" structure off the actual bottom. This is one of the reasons many EW analysts might tend toward more contrarian views, looking for the signals indicating