THE DOT - if this turns orange or red be alert

Tuesday, January 19, 2010

Tuesday Brainstorming

1. Sentiment is reaching the top levels as you can see below but more importantly is rather the action sentiment which are the ISEE MA's of Call/Put ratio's who are very close to a severe correction level now as well. We need another week of VIX weakness hence a new weekly weaker close to trigger a wave down which will exceed 10% correction calls. Only be aware that the mid Feb. time frame will have a temp positive effect especially on America ( Astro pattern) - that might mark wave 2 up in the ongoing bear campaign.

Excerpt

MONDAY, JANUARY 18, 2010 Blank Image

INVESTOR SENTIMENT READINGS
High bullish readings in the Consensus stock index or in the Market Vane stock index usually are signs of Market tops; low ones, market bottoms.

Last Week2 Weeks Ago.3 Weeks Ago
Consensus Index

Consensus Bullish Sentiment69%66%64%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (800) 383-1441. editor@consensus-inc.com
AAII Index

Bullish47.4%41.0%49.2%

Bearish26.926.023.0

Neutral25.633.027.9
Source: American Association of Individual Investors,
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
Market Vane

Bullish Consensus58%57%57%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
FC Market Sentiment

Indicator57.4%57.7%58.1%
Source: First Coverage 260 Franklin St., Suite 900
Boston, MA 02110-3112 (617) 303-0180. info@firstcoverage.com
FC Market Sentiment is a proprietary indicator derived from actionable sell-side trade ideas sent by the sell-side to their buy-side clients over the First Coverage platform. Over 1,000 institutional sales people at more than 250 firms participate on the First Coverage platform and have contributed hundreds of thousands of ideas since inception. Each Idea is associated with a ticker or sector and is tagged bullish or bearish by the creator. This data is aggregated at the sector, industry and market level. The FC Market Sentiment score ranges from 0-100 (0=most bearish, 50=neutral, and 100=most bullish) and represents a completely objective, real-time view into what advice the sell-side is providing to their buy-side clients


Citigroup Panic/Euphoria Model
Market Sentiment
Excerpt 2

Historical

ISEEDate
Previous Trading Day13901/15/2010
10-Day Moving Average14501/04/2010 - 01/15/2010
20-Day Moving Average13512/17/2009 - 01/15/2010
50-Day Moving Average13411/04/2009 - 01/15/2010
52-Week High22003/09/2009
52-Week Low6812/29/2009

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