GENERAL-IZATION

As mentioned last week, only a few "generals" led the best month in 4 year rally, in typically the worst month of the year. With global debt at extremes, and interest rates at 5,000 year lows                 ( Wealthtrack.com) it still seems prudent to hedge stocks in one's portfolio. Despite the lack of euphoria preceding a Crash, the easy money (QEs) from the Fed is worrisome at some point.
Although the best way to lose friends and influence people is to loan money and give advice, I'd say keep investing in the large Cap stocks, such as SPY and QQQs, which have outpaced their peers 3:1 recently.

Meanwhile, Sentiment shows Insider CEO's selling doubling last week's - 48:1; monthly figures show ETF withdrawals in Equities and Int'l stocks, going into MMFs. All else seems normal..

Date>		10/30/2015	10/23/2015
Indices:	DJIA	17663	17646
	NAZ	5053	5031
	SPX	2079	2075
WklyVolume (Bshs).	naz/ny….	9.6/4.9	9.4/4.5
Specul.Ratio hi=bullish		1.96	2.09
Sentiment:	put/call-CBOE	62	71
VIX>50-alltmlow=8.8		15.1	14.4
Advance/Dec-NYSE..		1495/1724	1933/1299
Weekly Net:		-229	634
Cumulative:		161816	162045
Weekly	NYSE hi/low…	202/198	228/136
New Hi's/Low's	Nasdaq h/l	269/280	225/211
McClellan	Oscillator	5	39
McClellanSum	.+750/-1000	412	373
Newsletter	Inv.Intel -Bull	43.7	37.5
Surveys-Tues	Bear:-5yrs	29.2	31.3
Wed.	AAII  -Bull	40.4	34.8
	Bear	20.6	24
US$-WSJ		88.6	88
CEOinsider	selling	.48:1	.26:1
3-box rev	Bullish%-	69	63
US equity -ICI	Fund Flows	week delay	week delay
MMF flows	Change in $B	18.3B	1B
MargDebt- top (300M)	monthly	454B	454B
ETF:mthlyEqty/	Int'l/Bond-$B	1174/445/333B	1202/465/324
2-yr Tsy Yield: Inflation		0.73%	0.65%
TIP (ETF)	Inflation	110.9	111.3