Isn T: American Association and Sentiment Gauge

isn t: How about the term quintuple record for yesterday historic finish It won t last into perpetuity, but this is the kind of behavior that happens in uptrends, writes Cappelleri, who might be trying to console the bears, according to Market Watch. Overbought conditions can be meaningless for extended periods of time. There is getting to be a shortage of superlatives for this market, says Instinet Frank Cappelleri, noting a growing sense that it shouldn t be acting the way it is. One indicator a sentiment gauge from the American Association of Individual Investors suggests the march higher isn t done yet. Bespoke Caption outside of wrapper for normal article images In this week AAII survey, 43.1% of respondents were bullish, down from 43.8% a week ago and from 49.9% in late November. Regular folks who invest are still not on the bus, say Bespoke Investment Group analysts, as they highlight the latest AAII reading and provide our chart of the day. (news.financializer.com). As reported in the news.