Thursday, January 25, 2007

Bullish Sentiment Sees Significant Decline

The American Association of Individual Investors sentiment survey sees a significant decline in its bullish reading. The bullish reading drops to 39.51% versus last week's 57.58% reading last week. As a contrarian indicator and on a standalone basis, this is actually a bullish reading for the equity markets.

(click on table for larger image)

sentiment reading January 24 2007

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