Bullish Sentiment Actually Rises

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Includes: DIA, QQQ, SPY
by: Bespoke Investment Group

In a week where the S&P 500 made new short-term lows, bullish sentiment among individual investors (American Association of Individual Investors) actually showed a modest uptick from last week's level of 24.4%. Even after this week's increase, however, less than a third of investors are currently in the bullish camp (29%), which is less than half the levels we saw towards the end of 2010.

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