Bearish Sentiment At Highest Since September 2010

The American Association for Individual Investors released its weekly survey, and bearish sentiment is the highest it's been since September, 2010.

Bullish sentiment from last week fell 7.5% to 28.5%, Neutral sentiment dropped 0.3% to 31.4%, and Bearish sentiment jumped up 7.8% to 40.1%.

Bullish sentiment is at its lowest level since August 26, 2010, right before Ben Bernanke gave his famous Jackson Hole speech, which sent the markets skyrocketing.