Bulls vs. Bears and Market Summary on 7-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: Steven Place in his twitter message says the market is stupid and he thinks tomorrow the market will go up 3%. I am not sure he is serious or joking. To me market is always right, and I don't think the market will go up 3% tomorrow. It needs buying pressure to push the market higher, my question is who will be buying?. If I want to play this market, short on any bounce until the bulls can break the downtrend line.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 6/7/2010
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	9	1.8	1.34	Click here to show stocks
UP between 0 to 1 STD	72	14.43	0.29
DOWN between 0 to 1 STD	304	60.92	-0.55
DOWN between 1 to 2 STD	111	22.24	-1.22	Click here to show stocks
DOWN over 2 STD	3	0.6	-3.6	Click here to show stocks
Total # of UP Moves	81	16.23	0.41
Total # of DOWN Moves	418	83.77	-0.75
Total	499	100	-0.56
Note:
				How to read this table
Intermediate Term Market Mode
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Long Term ZigZag View of SPY
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