Thursday, February 22, 2007

The Bulls Stampede Ahead

This week the volatile sentiment survey from the American Association of Individual Investors shows investor's bullishness continues to move higher. As a contrarian indicator, does this suggest the market needs a little bit of a breather?

(click on charts for larger image)

investor sentiment survey February 22, 2007


Nick said...


Can you post a graph of the bullish sentiment vs. sp500 for a longer period of time? Perhaps, spanning a bear market or two?

David Templeton, CFA said...


I will pull together a chart that goes back to late 1980's and post it on the site.