In this week's sentiment survey released by the American Association of Individual Investors, investor bullish sentiment increased to 50% versus the prior week's bullishness reading of 47.67%. In spite of the increased bullishness, the bull/bear spread narrowed by one percentage point to a positive 15% as a larger number of neutral investors indicated they were bearish. In the last market high in October 2007, the bullish sentiment reading reach the mid 50's level.
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