Technical Talk: Sentiment still not overly bullish

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The comments below were provided by Kevin Lane of Fusion IQ.

As seen in the graphs below, sentiment is still not overly bullish. While sentiment remains more neutral than bullish we expect prices to keep working higher (and corrections to be shallow) as it suggests investors still have more sideline liquidity available to purchase equities.

tt1712

Source: Kevin Lane, Fusion IQ, December 15, 2009.

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