Bearish Sentiment Works In Market’s Favor

Bullish sentiment, expectations that stock prices will rise over the next six months, fell 2.5 percentage points in the latest AAII Sentiment Survey. Optimism declined to 39.3%, putting it essentially even with its historical average of 39%.

http://blogs.forbes.com/investor/2011/07/18/bearish-sentiment-works-in-markets-favor/

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