OBAMA INAUGARATION:

What does it Augur for the Nation? So far the January Defect is not too supportive of the incoming regime, although the first 5 days of January were up slightly ( 6 S&P points), we dropped over 50 since then. Now we hope to regain that before month's end to keep the year positive (85 and 91% predictive for weekly and monthly price action). This is partly due to the Heisenberg principle that the week and month are PART OF the yearly statistic.
The extreme standouts this week for sentiment are the CBOE put/call ratio, at a Bullish (for the market) 93, and the AAII bull/bear ratio at 27/47! The Investor's Intelligence survey of 100 advisory letters does not, however, reflect this same ratio.
Here are the numbers:

MktSentiment. 1/16/2009 Prev. Week.....5Yr.HI......LOW

DJIA ………. 8281……….. 8599.………..14093............7286
Nasdaq………. 1529……….1571…………2810.............1114
S&P500…….. 850……….890………….1561………..776
CBOE Eq. put/call ……93………..79………..…96-10/08….....46-1/03

VIX ………. 46……….43…….…….79..-10/08bull….10.0-7/05 bear

McClellan Osc………-9…………..41……………..108-1/09 bear...(-100)-10/08bull
McClelSum……….…278………..333……..…....1568-6/03.......-1514-10/08
Newsletter Surveys:
Inv.Intel -Bull:…..…43………….41.8……….…63 (12/04bear)......22.2-10/08bull
Bear:………… 34.4……….38.5……………..………… 54.4.10/08.......16-6/03
AAII-Bull/Bear ……27.6/47.4….48.7/35.1…....……..n/a n/a
Market Vane - T-Bond..76…………72……………..91
Baltic Dry Index ……881……….….872…………………………………663
Bullish%- …….…50sell………….69……………….…88 -2/04bear.....2-10/08bull
*Insider corporate sellers. 13:1……15:1…. ………..97………….2.4:1 (11/08)
Mutual Fund Inflows …5B…………1.4B
ETF InflowsL………(4.2B)…………1.6B……
Money Market Inflows: 17B…………54B… ………144B

www.mktsentiment.blogspot.com is a free weekly display of important contrary opinion statistics, with the disclosure that eventual fees may be paid to the author from readers clicking on the website and/or the small ad at the top of the column.

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OBAMA INAUGARATION: