Wednesday, October 20, 2010

Bulls vs. Bears and Market Summary on 20-OCT-2010


Short Term Bulls vs. Bears Scoring System

Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25Signal History
Comments:

If this is a football game, we have a great game going on right now, 22 to 21;  it is a heavy weight fighting, yesterday was bears day, today is bulls day. The volume today is not very convincing.

I opened some shorts and stopped out half of my short positions by the end of day.

This is not an optimal mkt condition to bet long or short. I will reduce my exposures.

Summary of S&P 500 Stocks Daily Price Change Behavior Model 10/20/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD316.22.41Click here to show stocks
UP between 1 to 2 STD16833.61.39Click here to show stocks
UP between 0 to 1 STD23346.60.54
DOWN between 0 to 1 STD5310.6-0.43
DOWN between 1 to 2 STD91.8-1.36Click here to show stocks
DOWN over 2 STD61.2-3.57Click here to show stocks
Total # of UP Moves43286.41
Total # of DOWN Moves6813.6-0.83
Total5001000.75
Note:




How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY

Comments: volume is low compared to yesterdays
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