The most recent release of the AAII sentiment survey shows that last Friday's drop on the 20th anniversary of the '87 crash seems to have struck a nerve with investors. Bearish sentiment rose to its highest levels since May.
The S&P 500 over the last five years performed well following high levels of bearish sentiment.
Enjoy!
More on http://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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