AAII Bulls On Vacation

The folks surveyed by the AAII loved the market when the S&P 500 was 90 points higher than yesterday's lows but they hate it at 7% discount. Only 28% of respondents were bullish in the most recent survey. The more things change ...

3 comments:

Market Owl said...

Do you know when the AAII survey is taken? I know its released on Thursday, wondering what day the survey is taken.

Tsachy Mishal said...

I'm assuming over the few days prior to the release but I don't know for sure.

Tsachy Mishal said...

Either way, the lemmings are already bearish. Too late to sell.