Indicatos hinting for a bottom in sight

The sentiment readings move clearly into the right direction signaling capitulation mode but one of the best is the ISEE MA’S which are not where they are supposed to be yet. Also the VIX is a bit to reluctant should be rather close to 60.

Other Parameters to be watched from the astro side is the upcoming Full Moon on the Uranus /Saturn opposition 10th which should trigger a climax of the selling and we have the 19th March Armstrong date.

Between 10th and 19th (later more likely) we should have the overall turn but some area’s will be earlier as at bottoms you tend to have intermarket divergence.

Excerpt

INVESTOR SENTIMENT READINGS

High bullish readings in the Consensus stock index or in the Market Vane stock index usually are signs of Market tops; low ones, market bottoms.
Last Week 2 Weeks Ago 3 Weeks Ago
Consensus Index
Consensus Bullish Sentiment 19% 21% 23%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (800) 383-1441. editor@consensus-inc.com
AAII Index
Bullish 18.9% 24.3% 21.6%
Bearish 70.3 55.1 56.7
Neutral 10.8 20.6 21.6
Source: American Association of Individual Investors,
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
Market Vane
Bullish Consensus 32% 36% 37%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
Citigroup Panic/Euphoria Model
Market Sentiment
Advertisements

~ by behindthematrix on March 9, 2009.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: