HO HUM

The only surprise in the Sentiment Indicators last week was that there were no surprises. All indicators regressed to the norms from a few extremes - notably (from Barron's) the AAII Bulls coming of the complacent highs from the previous week - highest in 4 years- back below 50%. Disappointing to me were the consistent number (UNCH) of Gold shorts not covering, in what I opined was the start of a good rally. Gold buyers currently include (along with China which has been steadily buying) Russia - getting away from the $; ISIS - getting away from fiat currencies; and the Swiss- getting ready for the Nov.30 vote to hold 20% of Fed money in gold, never to sell any!

Here are the numbers:

Date>		11/21/2014	11/14/2014
Indices:	DJIA	17810	17634
	NAZ	4712	4688
	SPX	2063	2039
WklyVolume (Bshs).	naz/ny	8.4/3.9	8.8/3.5
Specul.Ratio hi=bullish		2.15	2.51
Sentiment:	put/call-CBOE	53	60
VIX>50-alltmlow=8.8		12.9	13.3
Advance/Dec-NYSE..		1949/1287	1534/1726
Weekly Net:		662	-192
Cumulative:		164231	163569
Weekly	NYSE hi/low	401/123	458/116
New Hi's/Low's	Nasdaq h/l	251/188	313/184
McClellan	Oscillator	23	15
McClellanSum	.+750/-1000	490	441
Newsletter	Inv.Intel -Bull:tues	56.4	55.5
Surveys	Bear:-5yrs	14.9	14.8
	AAII  -Bull :wed.	49.1	57.9
	Bear	23.8	19.3
COT:SPX w/w	large/small (net)k	6k/10k	6K/6K
COT:gold  comm.hedg	long-short.000	(71k)	(72K)
CEOinsider	selling	24:1	34:1
off.&bd b/s.vs.	10% holder b/s	160:45	210:40
3-box rev	Bullish%-	74	69
US equity -ICI	Fund Flows	WeekDelay	unch
MMF flows	Change in $B	9.8B	9.1B
MargDebt- top (300M)	monthly		SEPT:
ETF:mthlyEqty/	Int'l/Bond-$B		SEPT:
2-yr Tsy Yield: Inflation		0.51%	0.52%
	InsiderTotal:	InsBuy:Fin.(50%)
		10%All Sales

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HO HUM