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The percentage of bears in the Investors Intelligence poll declines to 18.8%. It's the first...

  • Wednesday, March 13, 10:24 AM ET
    The percentage of bears in the Investors Intelligence poll declines to 18.8%. It's the first time below 20 since May 2011, and dips below 20 marked market tops in 2010 and 2011, notes  a usually bullish Ryan Detrick. "Be aware."
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This news story has 7 comments:

  • "Don't worry.... Be Happy"!! I guess everybody thinks Uncle Ben will come to the rescue AGAIN and AGAIN....
    13 Mar, 10:44 AM Reply Like
  • And he shall.
    13 Mar, 11:27 AM Reply Like
  • Sure would like to know how the below 20 reading did in the 2003 to 2007 period....did selloffs occur there???
    13 Mar, 02:35 PM Reply Like
  • Not clear the metric/indicator was tracked during that period. Recall the complete euphoria during that period that all is well and that prices can only rise.
    13 Mar, 03:01 PM Reply Like
  • bbro -- yes selloffs did occur -- here are the periods for the SPX - March to August 2004, April to May 2005, October 2005, May 2006, February 2007, and then June through July 2007. I'm sure if you check the same periods for the DJIA, NDX, and Russell you will find they also experienced sell offs --

    Oh, BTW --Currently, I don't believe the broader indexes have seen the highs yet.
    13 Mar, 02:58 PM Reply Like
  • Relatively shallow selloffs compared to the prior (96-00)/current (09-13) ramp ups. Past performance is no guarantee of the future. We are overbought here, regardless of QE and willy nilly BS bulls.
    13 Mar, 03:04 PM Reply Like
  • Thanks....might I ask do you have access to the Investors Intelligence
    Service or did you get the data from another source??
    13 Mar, 03:05 PM Reply Like
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