Originally Posted by adam ali Sorry, I got the sentiment on this survey backwards. It's currently bearish (too many advisors bullish). The AAII is the American Association of (retail) Independent Investors and has nothing in common with Hulbert's professional advisers surveys. Billy
Billy, I understand they are different. From my understanding, the II survey was bullish back in August 2010 (i.e., advisors were overly bearish) whereas today, as Hulbert writes, they are overly bullish (bearish as a contrarian).
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