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

Short Term Bulls vs. Bears Scoring System
Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25
Comments: I don't know what to say about this market tonight. The rule I know is that never argue with the market, and "Price is the information". I don't know what the mkt will do tomorrow. Just two days ago, the mkt sold off like no tomorrow, but today everyone wants in, all buyers, no sellers in the market, that's why the market goes up. If you have BIDU, FSLR, you feel good; If you have GMCR, you get your ass kicked. What I feel is like one twitter says "...feel like one legged man in ass kicking contest", because I sold/stopped out  my longs on Tuesday. I bought some SDS today, stop will be the market at new high with convincing volume. As long as bears are still leading, I will give SDS some chance. "Being wrong is OK, stay with wrong is what makes traders failed"
Summary of S&P 500 Stocks Daily Price Change Behavior Model 4/29/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	67	13.4	3.14	Click here to show stocks
UP between 1 to 2 STD	166	33.2	1.45	Click here to show stocks
UP between 0 to 1 STD	184	36.8	0.56
DOWN between 0 to 1 STD	59	11.8	-0.41
DOWN between 1 to 2 STD	7	1.4	-1.35	Click here to show stocks
DOWN over 2 STD	17	3.4	-3.81	Click here to show stocks
Total # of UP Moves	417	83.4	1.33
Total # of DOWN Moves	83	16.6	-1.18
Total	500	100	0.91
Note: 417 out of 500 went up today, very strong internals.
				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 < 10967 Mode will be SELL
S&P500	SELL	27-APR-2010 at 1183	When Daily Close Price > 1215 Mode will be BUY
NASADQ	BUY	19-Feb-2010 at 2243	When Daily Close Price < 2444 Mode will be SELL
Comments: SP500 still need about close above 10 points to change the mode.
Long Term ZigZag View of SPY
Comments: SPY almost take back all the loss, let's see if it can take back the new high, and stay there.