Thursday, June 19, 2008

Small Improvement In Investor Sentiment

Today's release of the American Association of Individual Investors' sentiment survey indicates bullish sentiment improved slightly. The bullishness level increased to 32.98% versus last week's reading of 31.25%. A larger improvement was reported in the bearishness level at 45.74% versus last week's level of 53.57%. The end result was a narrowing of the bull/bear spread to -13% versus -22% last week.

(click on graph for larger image)

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