Friday, May 14, 2010

Bulls vs. Bears and Market Summary on 14-MAY-2010




Short Term Bulls vs. Bears Scoring System

Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25Signal History
Comments: Well, Trying to get in a little early costed me money this week. I went into last weekend very bearish. However,the huge run up on Monday changed my mind. My own system told me it was still the bears in control, but I still went some longs, luckily I have only very limited longs, so the captial damage is small, but my mental captial damage by not following my own system bothered me a lot. Now I try to wait patiently for my next buy signal.

Hope all is well. Have a great weekend.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/14/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD0.0Click here to show stocks
UP between 1 to 2 STD0.0Click here to show stocks
UP between 0 to 1 STD122.40.14
DOWN between 0 to 1 STD31763.53-0.63
DOWN between 1 to 2 STD15831.66-1.26Click here to show stocks
DOWN over 2 STD122.4-2.79Click here to show stocks
Total # of UP Moves122.40.14
Total # of DOWN Moves48797.6-0.88
Total499100-0.86
Note: with indice down that much, only 12 down over 2std.




How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY

Comments: My range bound theory is proven wrong. The SPY drops out the diamond today. The last Friday low is last defense for the bulls. If that line is broken, I will get out  the market completely.
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