Investor Sentiment

This chart comes to us today from Fusion Investments and The Big Picture Blog-one of the best financial reads on the internet in my opinion.  Here's their read on investor sentiment.

"Despite the huge run up in equity prices, sentiment, as measured by invested dollars and equity exposure, as well as surveys, is actually pretty middle of the road.....This suggests that a reversal is not imminent, at least due to sentiment. But it also implies that the negativity that drove the early phases of the rally are no longer present either.

The easy money has been made . . . the sledding now gets more challenging . . ."

Link:  http://www.ritholtz.com/blog/2009/12/us-equity-market-sentiment-review/