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A Cure for Complacency
This column was originally published on RealMoney on Jan. 18 at 8:42 a.m. ET. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
Let's talk about sentiment.
More specifically, let's discuss the Investors Intelligence readings that came out Wednesday.
The percentage of bulls sank to 50.5%, well off the high of 59.8% in early December. Yes, this confirms that the bullish ranks are thinning. But please, do not confuse this with too much bearishness. There's not too much bearishness -- just less bullishness. ...
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