Bullish Sentiment High But Still Below 50%

xyin

Bullish Sentiment High But Still Below 50%

With the Dow up more than 50% since its lows in March, it is no surprise that sentiment among newsletter writers has improved dramatically.  As shown below, the percentage of bullish newsletter writers has increased from a low of 22.4% in October 2008 to 47.2% today.  While sentiment has improved, we would note that some investors are still uneasy.  With bullish sentiment below 50%, this implies that over half of newsletter writers are anticipating a bear market or at least a 10% correction.  Additionally, even as the major indices have all hit new highs off the lows, bullish sentiment is down from its peak of 51.6% in late August and at its lowest levels since the first week of August.  

牛二买刀

对不起，我看成了：bullshit sentiment。

sds

说明还有的涨。

harley

说明还有的bullshit ...

2001ht09

wnd4

thanks