Talk to me Bull

Extreme bullishness. That is the view illustrated by this week's AAII (American Association of Individual Investors). The bullish sentiments rose to 49.6% indicating that for every bear and uncertain investor, we have two guys ready to go all-in .

I have never given credence to the notion that any individual investor can be so easily classified as a bull or a bear. That having been said, we make most of our market generalizations based on statistics, so like it or not, we all fall into one of these two magistrates of the animal kingdom.

Naturally, with the unpredictable volatility which has become market standard in recent years, all sorts of doomsday devices are being tripped.

I am not inclined to use this glorified opinion poll as any sort of metric. Just curious if a few bulls would like to boldly step out and offer us their views on why they think equities are a buy right now?

My steady perspective over the past two years and specifically since the Flash Crash, is that many investors are simply trying to will markets into an upward trend long enough to collect the odd basis point or three.

The more markets, trading and analysis automatize, the more I see the human animal poking its irrational nose into daily price fluctuations. Watching and reading the overabundance of information available today makes me wonder...

How long before some algo geek creates a program which models for gut instinct and trading on the sorts of feelings that made markets such a human endeavor in the first place?

Oh I wonder wonder wonder...