The American Association of Individual Investors sentiment indicator is know as being a volatileindicator on a weekly basis. The past several weeks measurements are representative of the volatile nature of this indicator.
For the period ending July 4, 2007, bullish sentiment increased to 43.84% versus 39.02% last week. The 8-period moving average increased slightly to 39.1% versus 39% last week. Since 2000 the 8-period moving average was 53.5% in mid December 2000 and 62.9% at the end of January 2004.
For the period ending July 4, 2007, bullish sentiment increased to 43.84% versus 39.02% last week. The 8-period moving average increased slightly to 39.1% versus 39% last week. Since 2000 the 8-period moving average was 53.5% in mid December 2000 and 62.9% at the end of January 2004.
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