The weekly figures from the Investors Intelligence (II) sentiment survey are out. Here are the highlights:

• Bullish sentiment among advisors fell to 43.6% (1.1% decrease).
• Bearish sentiment among advisors was unchanged at 24.5% (0.0% decrease).
• 31.9% of advisors foresee a correction in the market.

There was hardly any change this week in the Investors Intelligence poll. The bulls-minus-bears line fell by about 1%, after rising five weeks in a row. The difference between the bulls and the bears is now about 19%. There is a lot of room to go before it's near the 40% level that we often define as extreme optimism. This suggests significant upside still for stocks.

The table below compares the current data to typical data since 2005. The bulls and the bears are both slightly below their average reading since 2005. The bulls-minus-bears line is pretty close to its typical reading.