Investor sentiment is again changing as "the bi-polar market continues its confused, drunken walk," writes The Pragmatic Capitalist.

Apparently, the "correction," if you can call it that, has done nothing to make investors more sure-footed one way or the other.

Before the correction, a survey by Investors Intelligence showed a 52% bullish reading. Now, that's dropped to 35.6%. The bearish percentage is at 27.8%.

With this much confusion, it's no wonder that neutral sentiment is on the rise. In fact, it's hit a six-week high, The Pragmatic Capitalist reports.

Almost 30% of investors think the markets will remain flat over the next six months, according to TPC.

All in all sentiment has shifted back to a neutral reading as the markets stabilize.  This high volatility in sentiment is a clear sign of utter confusion on the part of market participants and creates a landscape that is ripe for dramatic moves in either direction.