Apres le deluge:

This week's extremes in Sentiment readings include the McClellan Oscillator at -70, the inverted bull/bear ratio of the AAII surveys, and the CBOE Equity put/call ratio of 73 - all strong signs of a short term cessation of downside price action. Public shorting was high, as was short interest. Money market inflows were huge at 63B for the week:
Mktsentiment. 11/9/2007 Last Week..... .5Yr.HI...... LOW

DJIA ………. 13042………..13595………..14093..............7286
Nasdaq………. 2627…………2810………….2810.............1114
S&P500…….. 1453………….1509…………1561………..776
CBOE Eq. put/call …73……………63……………91…..........46-1/03

VIX ………. 28.5………….23…………….44.. 9/02........10.0-7/05

ISEE-call/put ……. 156………….165……………246………..118
All Equities (ETF)
McClel Osc…………-70…………-24………91-5/04.........(81)-5/04
McClelSum………-155…………..112…………..1568-6/03.......(917)

Newsletter Surveys:
Inv.Intel -Bull:…..….54.5………… 53.8………..62.9-12/04......35-6/06
Bear:………… 22.2…………23.1………… 38.2-3/03.......16-6/03

AAII-Bull/Bear ……36.2/51.4…….44.7/36.5……..n/a n/a
MarketVane Bulls…63……………64…………. 74..............24
UBS investor confidence..70………70 ………178……………53
(monthly change)
IBD: Short Interest- …8.44………8.63….……8.95………. 4.0
Public/NYSE Spec.-…11.86………8.31…..……18.25……….1.0
Birinyi Blogger
Bull/Bear Poll ………34.4/37.5…….44.8/37.9
Bullish%- ………54………….62……….…88 -2/04...... 46-8/04
*Insider corporate sellers. 13:1…...26:1….
Sectors: Most Buyers: Finance (1/3 of total 10 sectors)
Most Sellers: Tech , Healthcare

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