Sorry, I got the sentiment on this survey backwards. It's currently bearish (too many advisors bullish).
Sorry, I got the sentiment on this survey backwards. It's currently bearish (too many advisors bullish).
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).