Saturday, November 13, 2010

Bullish sentiment is now officially "off the charts"

From Pragmatic Captialism:


BEWARE!!!
Investors have officially become convinced that stocks do not decline.
Sentiment readings are literally off the charts this week, with the AAII small investor bullish sentiment survey surging 9% to 57.6%. That’s the highest reading since January 2007. Charles Rotblut of AAII is reporting that...
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More on sentiment:
Investors are officially giddy about stocks again
Investors are becoming dangerously complacent again

Bullish sentiment pushes even further into extreme territory
View the original article here

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