Bearish Sentiment Highest in Decade
July 9, 2008
Hickey and Walters (Bespoke) submit:
In Pamplona they have the bulls, but in the US we have bears. Today’s weekly sentiment reading from Investors Intelligence showed that 47.3% of newsletter writers are currently bearish. This is the highest reading of bearish sentiment since September 1998 when Russia defaulted and Long Term Capital blew up.
Bearish Sentiment Highest in Decade
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