FYI: While bearish sentiment among newsletter writers dropped to its lowest levels since early 1987 this week, individual investors are slightly less optimistic, although they still are relatively positive. After spiking up above 50% last week, individual investor sentiment pulled back this week. According to the weekly sentiment survey from the American Association of Individual Investors (AAII), bullish sentiment declined from 51.92% down to 44.67%. Even after this week's decline, the current level of bullish sentiment remains above its bull market average of 38.4%.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/9/4/bullish-sentiment-pulls-back.html?printerFriendly=true
