Monday, January 28, 2008

Contrarian Indicator

Many investors claim to be contrarians, buying the things nobody wants and selling the things that everyone wants, but few have the intestinal fortitude to actually do it. If one is to be true to that claim (and I think we should) then stocks are the thing that few want. The latest poll from the American Association of Individual Investors:

Bulls 25.1%
Bears 59.0%
Neutral 15.9%

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