Thursday, November 22, 2007

Low Bullish Investor Sentiment

The level of individual bullish investor sentiment as reported by the Association of Individual Investors declined to 25.58% versus the prior week's level of 33.01%. The bull/bear spread widened to -27. This level of bullishness was last achieved in July 2006 when the bullishness level equaled 23.85%. The bull/bear spread at that time was -34.

(click on graph for larger image)

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