Thursday, January 6, 2011

AAII Investor Sentiment - Week Ending 1/5

The bullish beat goes on.  The spread between bulls and bears widens once again while the percent bulls is historically high and the percent bears historically low.  Below are two charts of both percent bulls V SPX and bull / bear ratio V SPX.

Based on how these charts have correlated it would imply a move down in the SPX is coming soon.


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