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InvestmentHouse ERROR Alert - The Investors Intelligence Poll has almost as many Bears in it now as it does Bulls. The last cross over of more Bears than Bulls was in 2011. I am sure we all remember that was before the Fed began QE-3 which led to almost 4 years of a bull rampage in both the poll and the market.

The current number is actually 27.8 Bulls and 26.8 Bears.

Bulls Bears
Aug 18 37.7 18.4
Aug 25 31.6 22.5
Sep 1 27.8 26.8

Poll numbers can be found on page 7 here:

http://www.yardeni.com/pub/peacockbullbear.pdf

RtS