THE DOT - if this turns orange or red be alert

Monday, May 3, 2010

Brainstorming Monday - part 1

1. The sentiment numbers confirm that a severe correction has some room to go and should unfold now. today we have reason to expect a brief rally as its the first trading day of a month and a final bailout of Greece or rather the banks lending to them has been reached. I doubt this brief upmove will last longer then 24h and have a significant magnitude.


MONDAY, MAY 3, 2010 Blank Image

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 Sentiment75%73%76%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (800) 383-1441.
AAII Index



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

Bullish Consensus55%58%58%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
FC Market Sentiment

Source: First Coverage 260 Franklin St., Suite 900
Boston, MA 02110-3112 (617) 303-0180.
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

2. The dilution of central bank rules keep being expanded as is the whole charade that central banks do act on behalf of the countries they are supposed to work for. ıt gets very obvious that central banks act only in the interst of banksters who work for the plutocratic organization who tries to run their NWO agenda. this bailout is not for Greece at all but another backdoor bailout of banks only this time AIG is replaced by Greece as the medium.


ECB Scraps Greek Debt Collateral Rules Indefinitely

May 3 (Bloomberg) -- The European Central Bank said it will accept all Greek government debt as collateral when lending to banks, indefinitely suspending minimum credit-rating thresholds to support a 110 billion-euro ($145 billion) bailout of the debt-strapped nation.

The decision came after Greece reached agreement yesterday on the conditions for the three-year package of loans from the International Monetary Fund and its euro-region allies. Under the plan backed by the ECB, Greece pledged another 30 billion euros in budget cuts to bring a deficit of 13.6 percent of gross domestic product back within the EU limit of 3 percent in 2014.

“The ECB is a key player in the rescue package designed to help Greece and it is clearly buying insurance against the likelihood of further multiple downgrades of the Greek debt, something that might lead to a halt of ECB financing to the Greek banks,” said Silvio Peruzzo, an economist at Royal Bank of Scotland Group Plc in London.

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