BACK TO NORMAL:

Summer's over and the crazy season starts, especially in an election year. The Election Year model for September is off to a raging start - according to it, October will let us know who is to win the next Presidency.
The Indicators have settled back to the middle again, not enough for a reversal yet, but Caution. The Inv. Intell. Bull/Bear survey is getting stretched, and the AAII one is exactly even. Breadth is strong, with the McClellan Oscillator approaching the +50 level (my sell signal) - it is now at +35.
Here are the numbers.

Date>		9/7/2012	8/31/2012
Indices:	DJIA	13306	13090
	NAZ	3136	3066
	SPX	1437	1406
WklyVolume (Bshs).
NASD/NYSE		6.6/2.7	6.6/2.8
Specul.Ratio hi=bullish		2.44	2.36
nasd/nyse
Sentiment:	put/call-CBOE	62	72
VIX>50-alltmlow=8.8		14.4	17.4
Advance/Dec-NYSE..		2445/678	1693/1437
Weekly Net:		1767	256
Cumulative:		141978	140211
Weekly	NYSE hi/low	520/58	323/61
New Hi's/Low's	Nasdaq h/l	293/86	163/87
McClellan	Oscillator	35	-5
McClellan Sum	.+750/-1000	616	558
Newsletter	Inv.Intel -Bull:tues	51	48.9
Surveys	Bear:-5yrs	24.5	24.5
	AAII  -Bull :wed.	33.1	34.7
	Bear	33.1	32.6
COT:Change w/w	large/small (net)k	(2)/3	1/1.
CEOinsider	selling	34:1	110:1
BalticDryIndex	GlobalEcon		discont.
3-box rev	Bullish%-	74	71
US equity -ICI	Fund Flows	(3.7B)	1 wk lag
MMF flows	Change in $B	(.8B)	(2.6B)
MargDebt- top (300M)	monthly	JULY:	277B
ETF:Eqty/Int'l/Bond	million$$ .	JULY:	702/264/226
2-yr Tsy Yield: Inflation		0.26%	0.23%

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