Investor Pain Index and Bearish Sentiment
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Transcript of Investor Pain Index and Bearish Sentiment
τµ
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p-08
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S&P
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AAII Bearish Sentiment Bearish Sentiment + 2 StdDevCurrent Bearish level in perspective S&P performance 24 mos. fwd100 per. Mov. Avg. (AAII Bearish Sentiment)
Maximum bearish sentiment in 21 years
In 2002, 2004, and 2005, bearish sentiment was nearly as high as it was in March 2009; 24 months later (as indicated by the black dots), share prices rose