Thursday, September 06, 2007

Bullish Sentiment Declines But Not The Bull/Bear Spread

Bullish investor sentiment declined to 38.38% versus last week's level of 40.30%. The spread between bullishness and bearishness actually improved to -4% versus last week's -6%. This was due to the level of bearishness improving to 42.42% versus 46.27% last week. Recall, the investor sentiment indicator is a contrarian one.

(click on graph for larger image)

investor sentiment. September 6, 2007

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