Thursday, March 11, 2010

Bulls vs. Bears and Market Summary on 11-MAR-2010

Bulls vs Bears and Market Summary on 03/11/2010
Short Term Bulls vs. Bears Scoring System
Comments: Another good day for the bulls. I added some longs today when the market was negative.
Tomorrow evening I will travel to East Lansing  for my sons Michigan k-5 chess games. Wish us lucks in chess games. :) The market summary will be posted in the late night or Saturday morning.
Summary of S&P 500 Stocks Daily Price Change Behavior Model
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD132.602.49Click HERE to show list of stocks
UP between 1 to 2 STD6613.201.33Click HERE to show list of stocks
UP between 0 to 1 STD26452.800.38
DOWN between 0 to 1 STD14128.20-0.35
DOWN between 1 to 2 STD132.60-1.34Click HERE to show list of stocks
DOWN over 2 STD30.60-3.11Click HERE to show list of stocks
Total # of UP Moves34368.600.64
Total # of DOWN Moves15731.40-0.48
Total5001000.29
Note: Again, the mkt internal is good with 343 ups and 13 of them ups over 2 std
How to read this table
Intermediate Term Market Mode
INDEXCurrentModeSignalDateandPriceModeChangePrice
DOWBUY17-Feb-2010at10309Whendailycloseprice<10324modewillbeSELL
S&P500BUY18-Feb-2010at1107Whendailycloseprice<1113modewillbeSELL
NASADQBUY19-Feb-2010at2243Whendailycloseprice<2267modewillbeSELL
Long Term ZigZag View of SPY
Comments: New high in the Zigzag view. Even pullback to 110 level is no conern to me in long term bullishness.
blog comments powered by Disqus

My Favorite Books