Investors Are Getting Really Pessimistic

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Friday, March 8, 2013 Investors Are Getting Really Pessimistic In the wake of the Italian elections, bullish sentiment measured by the American Association of Individual Investors (AAII) plummeted from a high of 41.8 percent down to as low as 28.4 percent last week. Meanwhile, the Dow Jones Industrial Average continued its bullish march to an all-time high. This week, AAII bullish sentiment ticked up to just 31.1.  This is well below the historical average of 39 percent. "The Dow’s new record high gave some AAII members reason to believe the current rally will continue," wrote Charles Rotblutt in a post on Pragmatic Capitalism. "It also heightened concerns other AAII members have about the markets being overbought and due for a pullback in prices." Meanwhile, bearish sentiment rose by 1.9 percentage points to 38.5 percent in the same time period. This is much higher than the historical average for bearish sentiment, which is 30.5 percent. Here's the chart from Bespoke Investment Group:   Read » Also On Money Game Today: DOW HITS ANOTHER ALL-TIME HIGH: Here's What You Need To Know The Rail Traffic Chart That Should Eliminate Any Of Your Worries About The US Economy Advertisement CHART OF THE DAY: A Stock Market Trend Has Developed That Coincided With The Last 3 Recessions CHART OF THE DAY: The Worst Investment Strategy Of 2013 CHART OF THE DAY: There's Nothing Strange About The Huge Run-Up In Gas Prices Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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