Thursday, May 17, 2007

Bullish Sentiment Declines From Last Week's Level

In the American Association of Individual Investors Sentiment Survey release this week, bullish sentiment declines to 38.39% versus last week's level of 42.86%. This level of bullishness remains lower than one might expect at a market turning point from an individual investor sentiment perspective. The current result is in line with the long term average for bullishness as noted in the below table.

Investor Sentiment Survey from AAII. May 16, 2007

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