27 AUG 2009, Thursday

1. Yesterday, the sentiment of newsletter writers was highlighted.
2. The flip side is the retail investors as shown in the chart above.
3. While the so-called pros are bullish, individual investors apparently need more convincing. According to this week's survey of the American Association of the Individual Investors (AAII), only 1/3 of investors surveyed are currently bullish, while nearly half (49%) are bearish. Based on these surveys at least, not everyone is bullish.
4. Sooo, maybe some more upside will get them excited too?
5. We'll see.