As of 9/12/2007, the AAII members are:
- Bullish: 40.00%
- Neutral: 24.71%
- Bearish: 35.29%
This chart shows the 52-week moving average of the AAII bull/bear index (American Association of Individual Investors). 52 weeks removes seasonality from the number and gives startling results.
Click chart to see it full sized.I explain what these indicators 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.