Monday, February 22, 2010


Get your attention? And now for this commercial!!: After many weeks' gestation period the arrival of the Zero (In)Tolerance book by yours truly is about to be born - after the proof is vetted today or tomorrow. It will be available for under $15 at (please see for any changes).

As mentioned previously. this book is about a low risk, high return alternative to punitive zero short term rates for prudent investors which look to be with us for an "extended" period.

Bearish sentiment has ameliorated since the recent rally after the 9% downdraft due to the banking crackdown. Outlier extremes include CEO Insider Selling and equity mutual fund outflows increasing. Also, breadth has rebounded nicely with adv/dec. on the NYSE at 5:1 and NY new highs/lows at 342 to 7 last week - and the McClellan Oscillator shot from 1 to over +50, nearing my caution area.

Here are the numbers:

MktSentiment Last WeekPrev. Week 5 Yr HI 5 Yr LOW
S&P 500:110910751561683
CBOE Eq. put/call: 646996-10/0846-1/03
McClellan Osc:561108-100
McClellan Sum:3451541568-1514
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AAII Bull:
AAII Bear:
Nova/Ursa Mutual Funds:0.500.402.20.56
US Equity-1 week lagn/a-5.2B

Money Market Flows-37.7B-6.7B

ETF equity:Monthly TotalsDec 777BNov 738B

Baltic Dry Index:2704257111700663
Bullish %:
Insider Corporate Sellers:35:111:1108:12.4:1

With record numbers of dollars coming out of Money Market Funds, mostly into the crowded trade of short term bonds, anyone who has a minimal knowledge of covered call options and/or an interest in hedging stock market exposure might want to check out: for an alternative strategy that is low-risk as well as highly rewarding. For those of you wanting more details and actual trading results, a new book is available for $14.95 at Zero (IN)Tolerance

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