Monday, February 28, 2011

THE IDES OF MARCH:

Once again the extremes of Sentiment Indicators eventually predicted at the very least a temporary cessation of the record rise in the markets due to QE II - the fastest since 1936; just before the "Echo" Bust from 1929.
Insider Sellers are still  piling Out, 94:1; Inv. Intell. Bears sunk to a new recent low, with Bulls moving higher. Equity ETFs still hold more than Int'l. and Bonds combined, over $1/2T. But the CBOE put/call jumped up to 66 on fears of a selloff.

MktSentiment Last WeekPrev. Week 5 Yr HI 5 Yr LOW
DJIA:1213012391140936626
Nasdaq:2781283428611114
S&P 500:131913431561683
CBOE Eq. put/call: 665596-10/0846-1/03
VIX:19.216.4908.8
McClellan Osc:331108(123)
McClellan Sum:7538261568(1514)
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InvestorsIntel.Bull:
53.352.26322.21
InvestorsIntel.Bear:
18.919.654.416
AAII Bull:
36.646.6n/an/a
AAII Bear:
36.225.6n/an/a
US Equity-1 week lagn/a5.2B  
Money Market Flows(5.1B)5.6B

Baltic Dry Index:1301129211700663
Bullish %:
8389892
Insider Corporate Sellers:94:152:1198:12.4:1

With record numbers of dollars coming out of Money Market Funds, mostly into the crowded trade of short term bonds, anyone who has a minimal knowledge of covered call options and/or an interest in hedging stock market exposure might want to check out: brentleonard.com for an alternative strategy that is low-risk as well as highly rewarding. For those of you wanting more details and actual trading results, a new book is available for $14.95 at Amazon.com: Zero (IN)Tolerance


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