dmm742

AAII Poll Shows Widespread Bearishness: Time To Buy

Since the market is at 5-year highs while AAII sentiment is at levels most recently associated with selloffs, something seems amiss. When an indicator is behaving in an opposite fashion to its usual pattern, either it is no longer functioning as it usually does or it is telling a very different story. We will find out soon enough, but possibly worth noting that the last time the AAII bears were 50%+ while the market was at new highs was in March 2000.