Bulls vs. Bears and Market Summary on 4-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
Comments: I always assume that the market would sell off hard when the bears are leading in the scores. When the bears scores reach over 40, I will start to selectively buy. Hope all is OK today. Good lucks in your trading.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/4/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	2	0.4	2.87	Click here to show stocks
UP between 1 to 2 STD	4	0.8	1.35	Click here to show stocks
UP between 0 to 1 STD	13	2.61	0.19
DOWN between 0 to 1 STD	97	19.44	-0.71
DOWN between 1 to 2 STD	240	48.1	-1.48	Click here to show stocks
DOWN over 2 STD	143	28.66	-2.56	Click here to show stocks
Total # of UP Moves	19	3.81	0.72
Total # of DOWN Moves	480	96.19	-1.65
Total	499	100	-1.56
Note: Bears come out in force today.
				How to read this table
Intermediate Term Market Mode
Comments: The Intermediate term signal are all in SELL mode. Somehow the North Finance(FOREX dealer) stop supporting the indices data a few days ago, and my intermediate trend signal was obtained from an algorithm running in North Finance using MT4 platform. So unless the North Finance starts to support the indices data again, I will not be able to report the intermediate term trend signals in the future. Sorry about that.
Long Term ZigZag View of SPY
Comments:  Long term it is still within the strong diamond.