Bulls vs. Bears and Market Summary on 7-MAY2010

Short Term Bulls vs. Bears Scoring System
Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25
Comments: wow, what a week for the bears. Bulls make money; bears make money; The market is in bad shape right now. It will take some for the market to recover. I think it is good time for me to do the bulls vs bears plot in 2008/09, which I promised my loyal readers to do some time ago. People are comparing this time to Oct. 2008 mkt drops, and I believe my loyal readers want to see how our system did at that time. I will publish the plot on Saturday morning. Again, thanks for the supports this week, and I wish all the mothers a best mother's day on coming Sunday. Hug your moms if you could, and have a great weekend !
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/7/2010
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	7	1.4	1.51	Click here to show stocks
UP between 0 to 1 STD	46	9.22	0.28
DOWN between 0 to 1 STD	218	43.69	-0.57
DOWN between 1 to 2 STD	181	36.27	-1.41	Click here to show stocks
DOWN over 2 STD	47	9.42	-2.51	Click here to show stocks
Total # of UP Moves	53	10.62	0.44
Total # of DOWN Moves	446	89.38	-1.12
Total	499	100	-0.95
Note: Still lots of sellers in the market.
				How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY
Comments: Still in uptrend for the long terms.