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Investment Strategies / Mechanical Investing
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Author: Rabelais   😊 😞
Number: of 3959 
Subject: Re: CNN Index at 77 = "Extreme Greed"
Date: 12/28/2023 9:40 AM
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The AAII Investor Sentiment Survey Bullish Percentage just gave a bearish signal:

Date	Bullish	Neutral	Bearish
Dec 27 46.3% 28.6% 25.1%
Dec 20 52.9% 26.2% 20.9%
Dec 13 51.3% 29.4% 19.3%
Dec 6 47.3% 25.3% 27.4%

A typical use of the indicator (from AAII's discontinued Market Dashboard) is:
A bullish signal is generated when the percentage bullish reading drops to 25% and then rises the next week; a bearish signal is generated when the percentage bullish reading rises to 50% and then drops the following week. If neither of these conditions is being met, the indicator is neutral. In addition, if no new confirming signal is generated within six months after a bullish or bearish signal is generated, or if a signal is the opposite direction is not generated within six months of a bullish or bearish signal is generated, the indicator will revert back to neutral.


JRB
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