Sentiment update

Sentiment remains bullish ( hence we can remain basically bearish) especially with the new pathetic cover-page of Barrons. We have a little positive spin with the NEW MOON in a few days in the bull sign of Taurus in good angle to Jupiter ( thats part of what we see today). That is followed by a grand square of VENUS with Saturn Pluto Uranus ( which is a big downer) on the 19th - the closer we move towards summer the unpleasant it will get. It is not a bear scare rather a bull bluff.

MONDAY, MAY 10, 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 76% 75% 73% Source: Consensus Inc., P.O. Box 520526,Independence, Mo. Historical data available at (800) 383-1441. editor@consensus-inc.com AAII Index Bullish 39.1% 41.4% 38.1% Bearish 28.6 28.6 34.3 Neutral 32.3 30.0 27.6 Source: American Association of Individual Investors, 625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170. Market Vane Bullish Consensus 53% 55% 58% Source: Market Vane, P.O. Box 90490, Pasadena, CA 91109 (626) 395-7436. FC Market Sentiment Indicator 57.8% 56.9% 56.5% 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