DEATH BY WATER TORTURE:

There seemingly is no end to this market decline - no matter how powerful the Indicators in getting historically oversold. Even the best of pundits predicted only a minor 4% "correction", which has nearly been trebled. Even my DITM safety net was no match for this Perfect Storm of negativity.

http://ditmcalls.blogspot.com.

At some point a rally will occur, but for now the market has more time than I have $$.
 For further explanation of the Sentiment Indicators, I suggest reading my Examiner.com column: (click on) Getting Sentimental at:

http://www.examiner.com/stock-market-in-san-francisco/brent-leonard

Here are the numbers:

 

Date>		6/1/2012	5/25/2012
Indices:	DJIA	12118	12454
	NAZ	2747	2837
	SPX	1278	1317
NASD/NYSE	WklyVolume (Bshs).	7.4/3.8	8.6/3.9
nasd/nyse	Specul.Ratio hi=bullish	1.95	2.21
Sentiment:	put/call-CBOE	76	66
Barron's	VIX>50-alltmlow=8.8	27	21.8
	Advance/Dec-NYSE..	588/2578	2495/690
	Weekly Net:	-1990	1805
	Cumulative:	131738	131099
Weekly	NYSE hi/low	123/210	73/175
New Hi's/Low's	Nasdaq h/l	90/222	75/257
McClellan	Oscillator	-41	-6
McClellan Sum	.+750/-1000	-507	-470
Newsletter	Inv.Intel -Bull:tues	39.3	38.3
Surveys	Bear:-5yrs	24.5	26.6
	AAII  -Bull :wed.	28	30.5
	Bear	42	38.7
COT:Change w/w	large/small (net)k	2/(30)	1/(23)
CEOinsider	selling	10:1	7:1
BalticDryIndex	GlobalEcon	1012	1141
3-box rev	Bullish%-	47	52
US equity -ICI	Fund Flows	1 wk lag	(7.2B)
MMF flows	Change in $B	7.9B	1.3B
MargDebt- top (300M)	monthly		299B
ETF:Eqty/Int'l/Bond	million$$ .		697/281/209
2-yr Tsy Yield: Inflation		0.25%	0.30%
Euro futures	1 yr.offset-CommHedg	stopped	following

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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DEATH BY WATER TORTURE: