DEJA VU WEEK:

Once again the sentiment indicators barely budged while the markets swung midweek: New Lows stayed 10 to 15: 1 versus New Highs and breadth was negative, forcing the McClellan Oscillator to -16; polling surveys remained inverted whle CEO Insider selling fell to 7:1 over buying. Even the VIX stayed the same.
Mutual fund and money market outflows were barely negative and the Bullish Per Cent stayed midrange in a triangle.
The economy had several hopeful signs, including the Baltic Dry Index soaring higher to 1908, although its high was still much higher at 11,700. The approved stimulus package promises to do very little this year and mortgage resets started again this month. Rumors are that Mexicans are sending Dollars back to the U.S.!
Here are the numbers:

MktSentiment. 2/13/2009 Prev. Week.....5Yr.HI......LOW

DJIA ………. 7850………8280.………..14093............7286
Nasdaq………. 1534………1591…………2810.............1114
S&P500…….. 826………868………….1561………..776
CBOE Eq. put/call ……74……….69……..…96-10/08….....46-1/03

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

McClellan Osc………-16…………30……………..108-1/09 bear...(-100)-10/08bull
McClelSum……….…125……….127……..…....1568-6/03.......-1514-10/08
Newsletter Surveys:
Inv.Intel -Bull:…..…32.3………..35.2……….…63 (12/04bear)......22.2-10/08bull
Bear:………… 38.7……….36.3……………..………… 54.4.10/08.......16-6/03
AAII-Bull/Bear ……32.9/39.2…..24.6/44.0…....……..n/a n/a
Market Vane - T-Bond..64………..63……………..91
Baltic Dry Index ……1642………..1070…………………………………663
Bullish%- …….…48……………53……………….…88 -2/04bear.....2-10/08bull
*Insider corporate sellers. 7:1…… 11:1…. ………..97………….2.4:1 (11/08)
Mutual Fund Inflows …(.2B)…….. (.25B)…
ETF InflowsL……… (2.4B)……….0…
Money Market Inflows: (3B)……..(26B)… … ………144B (9/08)

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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DEJA VU WEEK: