Thursday, April 05, 2007

Bullish Sentiment Declines

The American Association of Individual Investors Sentiment Survey recorded a drop in bullish sentiment this week. The level of bullishness declined to 32.26% from last week's 42.68%. The level of bearishness increased to 39.78% versus last week's 25.61%. This contrarian indicator is a volatile one; however, the decline in bullishness could be an indication for further advances in the market.

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