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Monday
Jul162012

Slightly More Bears Than Bulls

As shown below, market sentiment was pretty much split from our weekend poll.  When asked whether the S&P 500 would be higher or lower one month from now, 49% of the 426 respondents said higher, while 51% said lower.  This lack of conviction has been going on for weeks now, and it's part of the reason why the market is essentially at the same place now that it was one month ago.  

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