Thursday, April 10, 2008

Bullish Investor Sentiment Continues To Trend Higher

The American Association of Individual Investors sentiment survey reported an increase in individual investor's bullish sentiment this week. The bullish sentiment level increased to 45.76% versus 36.70% last week. Most of the increase came at the expense of investors who had reported a neutral bias last week. The neutral investor reading declined to 16.95% from last week's level of 23.94%. The bull/bear spread widened to a +8% versus last week's -3%.

(click on chart for larger image)

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