Seeking Alpha
Profile| Send Message|
( followers)  
Thursday's release of the American Association of Individual Investors [AAII] Survey showed bears outnumbering bulls by a 41% to 34% margin. As the chart below highlights, while occurrences of bears outnumbering bulls have not been uncommon, it is not common for this to occur when the market is hitting new highs:

Source: Now More Bears Than Bulls -- With Unusual Timing