Bulls vs. Bears and Market Summary on 13-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				Signal History
Comments: I have some bullish positions (mainly sold put verticals), but I am not particular concerns yet. The bears score did not go up today. I don't think the market will go straight up either. My trading is based upon my assumption that mkt will be in range bound. I also may short call verticals.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/13/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	2	0.4	2.09	Click here to show stocks
UP between 1 to 2 STD	5	1	1.41	Click here to show stocks
UP between 0 to 1 STD	56	11.22	0.31
DOWN between 0 to 1 STD	361	72.34	-0.5
DOWN between 1 to 2 STD	71	14.23	-1.28	Click here to show stocks
DOWN over 2 STD	4	0.8	-2.38	Click here to show stocks
Total # of UP Moves	63	12.63	0.45
Total # of DOWN Moves	436	87.37	-0.65
Total	499	100	-0.51
Note: 436 downs, but only 4 down over 2std.
				How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY
Comments: the SPY is still in strong uptrend channel. My mkt view is that SPY will stay within the diamond, i.e., range bound.