Thursday, March 20, 2008

Investor Bullish Sentiment Ticks Higher

Yesterday the American Association of Individual Investors reported an improvement in investor bullish sentiment. The bullish sentiment level increased to 25.21% versus the prior week's level of 20.42%. However, the 8-period moving average remained unchanged at 29.1%. The bull/bear spread narrowed to -29% versus last week's -39%.

(click on chart for larger image)

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