Bulls vs. Bears and Market Summary on 18-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: The picture says it all. The bears are in control. Going longs in this market is like playing with fire.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/18/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	2	0.4	2.12	Click here to show stocks
UP between 1 to 2 STD	4	0.8	1.19	Click here to show stocks
UP between 0 to 1 STD	37	7.41	0.29
DOWN between 0 to 1 STD	361	72.34	-0.54
DOWN between 1 to 2 STD	91	18.24	-1.31	Click here to show stocks
DOWN over 2 STD	4	0.8	-2.12	Click here to show stocks
Total # of UP Moves	43	8.62	0.46
Total # of DOWN Moves	456	91.38	-0.71
Total	499	100	-0.61
Note: wow, 456 of 499 are down.
				How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY
Comments: SPY is currently in the downtrend channel as shown in above. Until it breaks out the downtrend line, I will stay on sideline.