Bulls vs. Bears and Market Summary on 6-Aug-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: We had a great vacation in Washington DC this week. Sorry I missed a few days of market summary. Again I feel the mkt wants to go up, but it has to fight against bad econ numbers. SPY 110 is my number to watch. As long as SPY is above 110, any pullback is a buying opportunity. Have a great weekend. Thanks for staying with this blog.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 8/6/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	3	0.6	2.62	Click here to show stocks
UP between 1 to 2 STD	12	2.4	1.22	Click here to show stocks
UP between 0 to 1 STD	157	31.46	0.3
DOWN between 0 to 1 STD	297	59.52	-0.42
DOWN between 1 to 2 STD	24	4.81	-1.36	Click here to show stocks
DOWN over 2 STD	6	1.2	-2.8	Click here to show stocks
Total # of UP Moves	172	34.47	0.41
Total # of DOWN Moves	327	65.53	-0.53
Total	499	100	-0.21
Note:
				How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY
Comments: SPY chart still looks great.