Bulls vs. Bears and Market Summary on 24-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: Low volume sell-off today, thus the bears score goes down also even though the index is down. Tomorrow is critical for the bulls to hold the ground if the bulls hope for any counterattack. The bulls need to hold above the long term trend line drawn in the SPY chart below.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/24/2010
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	4	0.8	1.15	Click here to show stocks
UP between 0 to 1 STD	70	14.03	0.22
DOWN between 0 to 1 STD	357	71.54	-0.51
DOWN between 1 to 2 STD	68	13.63	-1.3	Click here to show stocks
DOWN over 2 STD	0	.	0	Click here to show stocks
Total # of UP Moves	74	14.83	0.27
Total # of DOWN Moves	425	85.17	-0.64
Total	499	100	-0.5
Note: No stock down over 2std while 425 stocks down.
				How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY
Comments: The bulls job is to hold the line to keep the bull market alive.