Bull / Bear Spread Surges Into Even More Dangerous Territory

"The spread between the bulls and bears expanded further to 44.8%, from 41.0% a week ago. Recent readings have been above 35% signaling elevated risk and the last two differences were above 40%. It was 46.4% at the end of 2013 and stocks sold off to start this year. By early February the difference had narrowed to 24.4%. The last favorable spread occurred in August 2013 at 13.4%, close to the 10% (or less) reading that allows for buying. Bears haven't outnumbered bulls (negative spread) since October 2011..."

Sentiment Chart

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/4_Bull___Bear_Spread_Surges_Into_Even_More_Dangerous_Territory.html