THE DOT - if this turns orange or red be alert

Monday, February 22, 2010

Sentiment update

The sentiment stays neutral or even in some cases remains very bearish hence bullish (as sentiment is a contrarian approach). Rydex still at extremes though a bit improved but adds to the bullish momentum short term. ISE gives similar information as most of last week was close to 100 which is rather bullish as well. Astrology is very bullish through this week until the Full Moon on the 28th which is in a positive angle to the VENUS /JUPITER conjunction of the USA which should generate a benign high ( sorry I wrote a wrong assumption earlier) accompanied by Venus conjunct Uranus which is the last positive aspect for the medium term. Between then and the 10th March we can expect another reversal down but ideally the VIX will have retested the lows by then.

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MONDAY, FEBRUARY 22, 2010 which is the last positive
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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 Sentiment51%56%60%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (800) 383-1441. editor@consensus-inc.com
AAII Index

Bullish35.9%36.8%29.2%

Bearish35.241.943.1

Neutral28.921.427.7
Source: American Association of Individual Investors,
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
Market Vane

Bullish Consensus53%50%52%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
FC Market Sentiment

Indicator57.9%58.1%57.8%
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

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