Sentiment update - getting very close

Sentiment moved from bearish to neutral and rather neutral to bullish as of now and that is exactly what we need in order to have a top that delivers a severe correction. What we are trying to do is to find an appropriate timing. As I called the March 09 as a low for that leg which was easier than calling the end of the upside leg since the upside manipulators have plenty support as their actions are welcome by the governments as by Wallstreet in general. Although we can assume they own most of those entities through many ways anyway but even the ones who are not under direct control will not complain. Eventually as the model by Armstrong shows and astrology confirms we are heading for a similar cluster as in 1931/2 and we unfortunately will see even worse things as big sovereigns like Britain are on the verge of a collapse and the tsunami of debt will wipe out wealth in unseen degree at some point in the new decade. Before we have to deal with a hyped market value trading around 19 times trailing earnings, which will have to adjust very soon.

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MONDAY, MARCH 22, 2010
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 Week 2 Weeks Ago. 3 Weeks Ago Consensus Index Consensus Bullish Sentiment 60% 56% 50% Source: Consensus Inc., P.O. Box 520526,Independence, Mo. Historical data available at . editor@consensus-inc.com AAII Index Bullish 35.4% 45.3% 35.9% Bearish 29.9 25.3 26.2 Neutral 34.8 29.4 37.9 Source: American Association of Individual Investors, 625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170. Market Vane Bullish Consensus 57% 56% 53% Source: Market Vane, P.O. Box 90490, Pasadena, CA 91109 (626) 395-7436. FC Market Sentiment Indicator 57.1% 58.4% 58.0% 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