Thursday, July 17, 2008

Bullish Investor Sentiment Ticks Higher But Bull/Bear Spread Remains Unchanged

The American Association of Individual Investors reported this week's investor bullish sentiment rose to 25% versus last week's reading of 22.17%. The bull/bear spread remained unchanged at a negative 33% due to an increase in bearish sentiment to 58.14% versus last week's level of 55.17%. The 8-period moving average of bullish sentiment trended lower to 30% versus 33% last week.

(click on chart for larger image)

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