Thursday, October 04, 2007

Investor Bullish Sentiment Continues To Move Higher: October 4, 2007

Investor sentiment as surveyed by the American Association of Individual Investors reported another increase in investor bullishness for the period ending October 4, 2007. Investor bullishness increased to 51.81% versus last week's 49.37%. The 8-period moving average continues to move higher as well, but remains in a longer term downtrend as detailed on the chart below. The bull/bear spread widened to 26 versus last week's spread of 15 and the spread in the period ending 9/20/2007 equaling 8.

(click on graph for larger image)

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