Bulls vs. Bears and Market Summary on 11-MAY-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: Gold and Silver had a golden day today, as evidenced by my yesterday's pick in daily diamondwise charts: GDX and BVN. The overall mkt is still nervous. It is not best condition for swings.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/11/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	4	0.8	2.83	Click here to show stocks
UP between 1 to 2 STD	12	2.4	1.22	Click here to show stocks
UP between 0 to 1 STD	198	39.68	0.28
DOWN between 0 to 1 STD	259	51.9	-0.36
DOWN between 1 to 2 STD	24	4.81	-1.33	Click here to show stocks
DOWN over 2 STD	2	0.4	-2.73	Click here to show stocks
Total # of UP Moves	214	42.89	0.38
Total # of DOWN Moves	285	57.11	-0.46
Total	499	100	-0.1
Note: I call it even today, because after yesterday's monster move, pullback is expected.
				How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY
Comments: If the bulls can keep SPY within the diamond for a few more days and volume picks up, the bears may become nervous. If not, the bears will get more aggressive again.