Bulls vs. Bears and Market Summary on 1-JUN-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: wow, the market makes me feel very stupid by going long on last Friday. The "lack of buying" (as indicated by the low volume)  causes the market down. With so many uncertainties and so many bad stuffs going on around the world, only a few is brave enough buying in this market. The bulls are still in strike distance, but they need act quickly, otherwise I see another leg down. I am still a short term bull, but I am very discouraged today by the "lack of buying" when the bulls had a chance to make weak bears to cover. Good lucks in your trading.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 6/1/2010
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	1	0.2	1.04	Click here to show stocks
UP between 0 to 1 STD	24	4.81	0.29
DOWN between 0 to 1 STD	285	57.11	-0.6
DOWN between 1 to 2 STD	171	34.27	-1.35	Click here to show stocks
DOWN over 2 STD	18	3.61	-3.01	Click here to show stocks
Total # of UP Moves	25	5.01	0.32
Total # of DOWN Moves	474	94.99	-0.96
Total	499	100	-0.9
Note:
				How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY
Comments: SPY is again at the trendline. Can the bulls defend the line this time?.