According to the Index, investors were generally cautious in 2010 (approximately half the trading days); however, investor sentiment ranged from highly risk-averse to highly risk seeking, with scores distributed almost evenly across all the categories. Investor sentiment had peaked in February, reached a low in the end of May. It was on an upward trajectory towards the end of the year, and was almost near its February high.
College of Management, University of Massachusetts Boston, "MISI at a Glimpse: January 1 to December 31, 2010" (2010). Financial Services Forum Publications. 29.