Monday, March 29, 2010

Bulls vs. Bears and Market Summary on 29-MAR-2010

Bulls vs Bears and Market Summary on 03/29/2010
Short Term Bulls vs. Bears Scoring System
Comments: The scores are tied, but I am leaning towards the bulls again. There are too many people are calling top, so the market will most likely go up. What do you think?, please let me know. Thanks
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 STD377.402.67Click HERE to show list of stocks
UP between 1 to 2 STD12124.201.39Click HERE to show list of stocks
UP between 0 to 1 STD22645.200.47
DOWN between 0 to 1 STD10320.60-0.36
DOWN between 1 to 2 STD91.80-1.27Click HERE to show list of stocks
DOWN over 2 STD40.80-2.57Click HERE to show list of stocks
Total # of UP Moves38476.800.97
Total # of DOWN Moves11623.20-0.51
Total5001000.63
Note: mkt internal very strong, bodes well for the bulls.
How to read this table
Intermediate Term Market Mode
INDEXCurrentModeSignalDateandPriceModeChangePrice
DOWBUY17-Feb-2010at10309WhenDailyClosePrice<10690ModewillbeSELL
S&P500BUY18-Feb-2010at1107WhenDailyClosePrice<1150ModewillbeSELL
NASADQBUY19-Feb-2010at2243WhenDailyClosePrice<2347ModewillbeSELL
Long Term ZigZag View of SPY
Comments: The EEM chart looks OK, if EEM goes up, I think the US market will continue to go up.
Let me know your thoughts.
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