Bulls vs. Bears and Market Summary on 19-APR-2010

Short Term Bulls vs. Bears Scoring System
Comments: Impressive showing by the dip buyers today, but until SPY takes back the recent high on a close basis, I remain bearish for the short term. I sold SPY call vertical today. I plan to cover when SPY makes new high. What do you think?, Are you buying or selling? What do you think of "sell in may, go away"?
Summary of S&P 500 Stocks Daily Price Change Behavior Model 4/19/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	13	2.6	2.66	Click here to show stocks
UP between 1 to 2 STD	60	12	1.36	Click here to show stocks
UP between 0 to 1 STD	218	43.6	0.4
DOWN between 0 to 1 STD	180	36	-0.4
DOWN between 1 to 2 STD	24	4.8	-1.31	Click here to show stocks
DOWN over 2 STD	5	1	-2.42	Click here to show stocks
Total # of UP Moves	291	58.2	0.7
Total # of DOWN Moves	209	41.8	-0.55
Total	500	100	0.18
Note: Bulls get a slight edge today.
				How to read this table
Intermediate Term Market Mode
INDEX	Current Mode	Signal Date and Price	Mode Change Price
DOW	BUY	17-Feb-2010 at 10309	When Daily Close Price < 10947 Mode will be SELL
S&P500	BUY	18-Feb-2010 at 1107	When Daily Close Price < 1188 Mode will be SELL
NASADQ	BUY	19-Feb-2010 at 2243	When Daily Close Price < 2444 Mode will be SELL
Comments:
Long Term ZigZag View of SPY
Comments: For long term, SPY is still very healthy, nothing to worry about.