Bulls vs. Bears and Market Summary on 30-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: OK, my SDS saved me today. What a week. I was surprised by the Tuesday and Thursday' move, but today's move was not a big surprise to me. The Tuesday's  big sold off gave me a hint that mkt was on shaky ground. Anyway, I hope you had a great week. This blog's traffic increases over last couple of weeks thanks to your support. I hope information in this blog is helpful to you. I will post weekly Industry group rankings starting this weekend. Thank you, TSF, for the links of industry groups. Wendel, I hope you are doing good these days. Have a great weekend, and come back for the industry group rankings this weekend. Thank you !
Summary of S&P 500 Stocks Daily Price Change Behavior Model 4/30/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	6	1.2	2.22	Click here to show stocks
UP between 1 to 2 STD	12	2.4	1.43	Click here to show stocks
UP between 0 to 1 STD	45	9.02	0.42
DOWN between 0 to 1 STD	160	32.06	-0.56
DOWN between 1 to 2 STD	186	37.27	-1.43	Click here to show stocks
DOWN over 2 STD	90	18.04	-2.87	Click here to show stocks
Total # of UP Moves	63	12.63	0.78
Total # of DOWN Moves	436	87.37	-1.41
Total	499	100	-1.13
Note: 90 stocks down over 2STD.
				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:
Long Term ZigZag View of SPY
Comments: I am still very bullish as long as SPY stays within the yellow diamond for long term. Only for Short term I am on bears side.