The latest sentiment figures are out from the AAII and guess what folks . . . there are only 41.5% Bulls. The last time the indicator was below 45 was the end of June and mid May of last year.
Hey Waggie, I think you might be looking at the wrong number. Bullish Advisors - Bearish Advisors is 42.8%. Percent Bulls is 60.2%. http://www.vtoreport.com/sentiment/sentiment.htm
No AAII and Invstors Intelligence are 2 separate surveys. It's strange that they would diverge like this though. Waggie, do you have a link for your AAII numbers? Has anyone found any value in the Lowrisk.com sentiment numbers? It's basically an online poll (mentioned in Gary Smith's "How I trade for a Living")
As I indicated, my numbers above are from the AAII ( American Association of Individual Investors ). Where are your numbers from???
This guy ,Vaughn Okumura, has the website http://www.vtoreport.com He is pulling his figures from the Investors Intelligence survey. Thats interesting the 2 surveys are diverging by such a degree.
If you guys are interested in sentiment here is our Market Sentiment Gauge picture. It generally suggests that the overall market sentiment is still mostly negative.