AAII Bears Rose

The short-term trading oriented AAII sentiment survey came out with many more bears than one would expect being at a 52 week high.  It goes hand in hand with the growing buzz among traders that we need a correction or a pullback, and that it would be healthy.  I doubt that the market will oblige.  This renewed bearishness doesn't mean we keep going higher, but we can probably eliminate that well awaited 5% correction from the menu for the next couple of weeks.