EARLY EDITION:

Due to graduation plans this weekly report comes early this week. Despite volatile swings within a bounded Trading Range - like a puppy dog with a rag doll - most indicators were centered. Insider Selling by CEOs, et.al. rose slightly, especially in the Financial sector; the Bullish % of stocks on a BUY signal fell with a 6% (3 two-point boxes on Pt.& Fig. S&P 500 chart) decline, but a false signal due to volatility.

Both the midweek AAII Bears and the Nova/Ursa from Rydex funds increased slightly, which should be Bullish.

Here are the numbers:

MktSentiment	Last Week	Prev. Week	5 Yr HI	5 Yr LOW
DJIA:	10211	9931	14093	6626
Nasdaq:	2243	2219	2805	1114
S&P 500:	1091	1064	1561	683
CBOE Eq. put/call:	66	60	96-10/08	46-1/03
VIX:	30.6	35.5	90	8.8
McClellan Osc:	20	-30	108	-123
McClellan Sum:	-383	-307	1568	-1514
Newsletter Surveys
InvestorsIntel.Bull:	38.5	39.8	63	22.21
InvestorsIntel.Bear:	31.9	28.4	54.4	16
AAII Bull:	34.5	37.1	n/a	n/a
AAII Bear:	43.1	40.8	n/a	n/a
Nova/Ursa Mutual Funds:	0.85	1.14	2.2	0.56
US Equity-1 week lag	n/a	-1.1B
Money Market Flows	.7B	-9.6B
ETF equity:Monthly Totals	Apr.831B	Mar.805B
Baltic Dry Index:	3423	3933	11700	663
Bullish %:	45	48	88	2
Insider Corporate Sellers:	17:1	12:1	108:1	2.4:1

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EARLY EDITION: