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Bearish warning: Stock market sentiment at record highs
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Monday, January 04, 2010
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From The Pragmatic Capitalist:

Sentiment hasn’t been this positive about the stock market since just before the 1987 market crash.

The latest readings from Investors Intelligence and AAII show that newsletters and small investors are very bullish in the near-term. This could be a major warning flag about the potential short-term performance of the equity markets.

The Investors Intelligence poll, which tracks...

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Topics: Sentiment | Stocks
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