Bulls vs. Bears and Market Summary on 20-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 don't have much to say these days other than bears are still in control. The Zurich Axiom says when the ship starts sinking, don't pray, jump. Many people ask me today why the market downs so much, well, my answer is not due to europe crisis, not due to bad economic numbers, the reason the market goes down is simply because there are more sellers than buyers. The price gotta to go lower to attract more buyers to balance sellers. "The stock is only worth the price someone else is willing to pay". Well, if you are waiting for buy signal, it may take some time. It is good time to read some good books. Good lucks in your trading if you are still trading this market.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/20/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	0	.	0	Click here to show stocks
UP between 1 to 2 STD	0	.	0	Click here to show stocks
UP between 0 to 1 STD	3	0.6	0.25
DOWN between 0 to 1 STD	62	12.42	-0.71
DOWN between 1 to 2 STD	259	51.9	-1.58	Click here to show stocks
DOWN over 2 STD	175	35.07	-2.4	Click here to show stocks
Total # of UP Moves	3	0.6	0.25
Total # of DOWN Moves	496	99.4	-1.76
Total	499	100	-1.75
Note: 3 out of 499 stocks ended up today. wow.
				How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY
Comments: SPY near critical level for long term trend and bull market.