Great chart that I think is very actionable. The world is short/bearish and the path of least resistance is up. I can't believe the irony of the chart coming from a sell-side firm (essentially their analysis is that their recommendations should be faded). 7/3/12
An intriguing chart, although a little surprising - - the notion that any group of individuals is MORE bearish now than in early 2009 seems highly implausible, to say the least. 7/3/12
