<b>Market Slice for week 31.Jan.2011 to 04.Feb.2011</b>
Buy Aggressively
Buy Cautiously
<b>Hold/Wait</b>
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment)
<u>S&P-500 Daily % Change:</u>
<b>Fri, 4 . Feb : [color= green ] 0.29 %[/color]</b>
<b>Thu, 3 . Feb : [color= green ] 0.24 %[/color]</b>
<b>Wed, 2 . Feb : [color= red ] -0.27 %[/color]</b>
<b>Tue, 1 . Feb : [color= green ] 1.67 %[/color]</b>
<b>Mon, 31 . Jan : [color= green ] 0.77 %[/color]</b>
<u>No. of Stocks above 40 EMA*</u>
<b>Fri, 4 . Feb : [color= black ] 68 %[/color]</b>
<b>Thu, 3 . Feb : [color= black ] 68 %[/color]</b>
<b>Wed, 2 . Feb : [color= black ] 68 %[/color]</b>
<b>Tue, 1 . Feb : [color= black ] 70 %[/color]</b>
<b>Mon, 31 . Jan : [color= black ] 57 %[/color]</b>
I avoid entering new positions when this number is above 80%
<u>No. of New Six Month (26 weeks) Highs*</u>
<b>Fri, 4 . Feb : [color= green ] 341 [/color]</b>
<b>Thu, 3 . Feb : [color= green ] 289 [/color]</b>
<b>Wed, 2 . Feb : [color= green ] 412 [/color]</b>
<b>Tue, 1 . Feb : [color= green ] 475 [/color]</b>
<b>Mon, 31 . Jan : [color= green ] 168 [/color]</b>
A number around 800 here indicates market topping in the short-term.
<u>No. of New Six Month Lows*</u>
<b>Fri, 4 . Feb : [color= green ] 20 [/color]</b>
<b>Thu, 3 . Feb : [color= green ] 18 [/color]</b>
<b>Wed, 2 . Feb : [color= green ] 15 [/color]</b>
<b>Tue, 1 . Feb : [color= green ] 19 [/color]</b>
<b>Mon, 31 . Jan : [color= green ] 35 [/color]</b>
*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), Which captures 99.5% of the overall market liquidity.