aaii sentiment index a/o 02192009
TRANSCRIPT
-5.0%
5.0%
15.0%
25.0%
35.0%
45.0%
55.0%
65.0%
Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08
Bea
rish
Sent
imen
t
-60%
-40%
-20%
0%
20%
40%
60%
80%
100%
S&P
24 m
o. fw
s pe
rfor
man
ce
AAII Bearish Sentiment Bearish Sentiment + 2 StdDevS&P performance 24 mos. fwd 100 per. Mov. Avg. (AAII Bearish Sentiment)