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Bullishness is still at an all time high. Polls show that most investors think we've hit bottom. Most CNBC talking heads say that we've hit bottom.

Ursa,

I don't know where you get this info from but IBD in every issue publishes surveys of the investment advisors and, according to their data, bulls among investment advisors do not constitute the majority. This is a far more reliable indicator than TV heads.

You can also look at call/put volume ratio and it is also far from being bullish.

In fact, considering how you and many others are vocally bearish, it could provide a contrarian support to the view that the bear is over.

Vlad
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