Bearish sentiment is now at 15% — the lowest number recorded by Investors Intelligence in more than 25 years. Click here for a look at the amazing chart. And yet, dare any of us infer that the stampede cannot continue for yet a while longer merely because nearly every investor on the planet is bullish? The raging bull has routinely trashed indicators that worked for decades or even generations, so we are not recommending that you use this one as a timing signal — only as a benchmark for the epochal nuttiness that has seized the proletarian mind.
