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AAII Sentiment
posted on
Dec 31, 2009 09:30AM
Some bad news this week. Big move in sentiment among individual investors (who usually get it wrong). Bulls are up to 49%, bears down to 23% - quite extreme readings. Would not be surprised to see a sharp pullback in the overall market next week.
Don't know how this will affect PMs - might even be good for gold. We'll have to see.
