Sentiment Overview: Week Of July 10th, 2009

It is Friday, time for this week’s sentiment summary: Sentiment Surveys The Association of American Individual Investors’ weekly sentiment survey had the bulls at 28% again (a decline of 10% points) and the bears increased by the same amount to 55%. This definitely moves sentiment towards real pessimism. The bull/bear ratio is almost equal to late February . But we aren’t quite at an extreme point - yet. In contrast, there is not much excitement in the weekly Investors Intelligence surve