THE DOT - if this turns orange or red be alert

Monday, March 15, 2010

Sentiment update

Sentiment is leaning more to the bearish side from a contrarian perspective but its rather back to neutral taking away most of the upside momentum. From an Astro perspective we have some contradicting patterns but the current new moon should generate some unexpected thought strings with a negative bias but the stationary Mars with the benign Jupiter takes away the edge. Technically the market is close to the high but the VIX needs a final dive below 17.5 to complete and the TRANS needs a higher weekly close so the most likely outcome is sideways swings with a small spike up within the next 2 weeks before the downmove begins around an unpleasant Full Moon on the 29th and the stationary Pluto on April 6th which should cause plenty of trouble since the Full Moon is in square to the above mentioned Pluto.

Date NAV Adjusted N/U Ratio
3/11/2010 0.663
3/10/2010 0.655
3/9/2010 0.653
3/8/2010 0.651
3/5/2010 0.596
3/4/2010 0.585
3/3/2010 0.581
3/2/2010 0.582
3/1/2010 0.580
2/26/2010 0.556


MONDAY, MARCH 15, 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 Sentiment50%53%51%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at . editor@consensus-inc.com
AAII Index

Bullish35.9%34.9%35.9%

Bearish26.229.535.2

Neutral37.935.628.9
Source: American Association of Individual Investors,
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
Market Vane

Bullish Consensus53%51%53%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
FC Market Sentiment

Indicator58.0%58.0%57.9%
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

No comments:

About Me

I am a professional independent trader