Thursday, February 3, 2011

AAII Sentiment Survey - Week Ending 2/1

The divergence continues yet again.  The most recent AAII investor survey is out and has reversed its bullish although more neutral position of last week.  Bulls rose to 51.5%, from 42.0% last week.  Bears dropped to 26.9% from 34.3% the prior week.  There are now two bulls for every one bear out there.  Below are two charts showing the comparison with the SPX.


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