Bespoke Investment Group reports “it should surprise no one that bullish sentiment on the part of individual investors increased for the third straight week. According to the American Association of Individual Investors (AAII), bullish sentiment rose to 39.77% this week, which is the highest level since late July. Last week we noted that “sentiment still has a ways to go before breaking its recent string of lower highs and lower lows.” This week was a step in the right direction as bullish sentiment made its first higher high for 2011.”
Are you BULLISH? AAII members are:
(as of 10/12/2011)
The Bulls lead the Bears among the Association’s individual investors. Confidence is key ~ the trend is good ~ Let’s hope this continues!