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Monday, September 24, 2007

Investors' Intelligence Bulls-Bears vs. DJIA Graph for 09/22/07

This chart shows the 52-week moving average of the “Investors Intelligence Survey“ bulls minus bears data. 52 weeks removes seasonality from the number and gives startling results.

Click to view larger pdf graph

I explain what this sentiment indicator and others mean to me in my newsletter. I post them here to share for all to read and make comments. Request Invitation to facebook discussion group where we have a "Sentiment" topic to discuss the weekly data.

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