Stock Investor Sentiment: Dumb Money Bullish Again!
By:
DailyMarkets.com
Posted on August 02, 2009 at 21:10 PM EDT
Over the last 4 weeks, the S&P500 (^GSPC) has gained a little more than 12%, and during that time, investor sentiment, as measured by the “Dumb Money” indicator, was neutral. Prior to last month’s huge run up, the “Dumb Money” indicator was in bullish territory (i.e., bear signal) for 10 consecutive ...
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