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Message: AAII Sentiment - Optimism still declining

Bulls down 4.8 to 34.4, bears up 2 to 29.5. The difference between the bulls and bears is actually below historical averages. More evidence that any correction in US markets should be shallow. In fact, yesterday market internals moved into correction territory, but are already improving.

I continue to be bullish regarding the general market at least into January and possibly until spring. At some point PMs will come back to life, but it could be a while.

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