MARKET INTERNALS

The market has its law.Were there no law, there could be no

center about which prices could revolve, and therefore, no market ---- R.N.Elliot.(1938)

Date: 03/26/01

 

MARKET DIRECTION(TM) : NEUTRAL,TREND : DOWN

PHANTOM WEALTH(TM) : VERY LOW

MARKET CRASH SIGNAL(TM) : 70% DN

(At 85% we issue an alarm to all our members with instructions on how to handle the crash)

PIG INDEX (TM) : +87 BEARISH,(Equities trading at 87 times earnings.)

Ideally we like to buy stocks trading at 10-12 times earnings.

FAT PIGS FLYING AGAIN.

SHEEP INDEX (TM) : +100 BEARISH UP( 100 % Investors bullish.)

The herd have rented Bull's costumes and is dancing in the streets.

IF YOU ARE BULLISH LOGICALLY YOU SHOULD BUY CALL OPTIONS....RIGHT?

M.E. Index (TM) : +8 BEARISH : Tracks Inflationary forces in the US & the World.

CRUDE OIL WENT UP, A SIGN INFLATION MIGHT BE CREEPING UP.

MUTUAL FUND REDEMPTION : VERY HIGHRECORD 15.7 BILLION

PULLED OUT.

15.7 BILLION IN SAFE(YOUR) HANDS NOW

PUT/CALL RATIO : 0.52 BEARISH

VIX 34.91 NEUTRAL

VXN 70.70 NEUTRAL

BULLS POWER INDEX (TM) 60 %

BEARS POWER INDEX (TM) 40 %

ANALYSTS HYPE METER (TM): REC BUY : 70% REC SELL : 30 %

TOTAL BLUE MARKET SIGNALS : 2

TOTAL RED MARKET SIGNAL : 8

RESULT : MARKET LOOKS BEARISH

READING THE CHARTS

NASDAQ RESISTANCE : 2000

NASDAQ SUPPORT : 1750

NASDAQ BUY SIGNALS ON 60 MIN CHART: 0

NASDAQ SELL SIGNALS ON 60 MIN CHART: 6

NASDAQ STATUS : BEARISH

DOW RESISTANCE : 9,657

DOW SUPPORT : 9,370,

DOW BUY SIGNALS ON 60 MIN CHART : 6

DOW BUY SELL SIGNALS ON 60 MIN CHART : 0

DOW STATUS : BULLISH

CURRENT SCAM BEING PROMOTED BY WALL STREET: "THE WIRELESS SCAM"

ANALYSTS RATING

DAN NILES("Denials") : 1 INTC BLUNDER REMEMBERED BY ALL.

ASHOUK KUMAR: 0 MOST IGNORED AND WRONG

ABBY "BUY BUY" COHEN : 1 TABLE POUNDING BULL ....

HENRY BLODGETT 0 CHAT ROOM MOST HATED

MARY MEEKER : 1 CHAT ROOM 2ND MOST HATED

0.- HATED BY INVESTORS USUALLY WRONG.

1.- DESPISED BY INVESTORS, WRONG MOST OF THE TIME.

Send your best and worst analysts and please tell us why.

THE DAY AHEAD

Monday 03/26/01.- Hard to say,profit taking in Nasdaq,Dow should rally a bit. Fundies selling the rallies.

Tuesday 03/27/01.-

Wednesday: 03/28/01.-

Thursday : 03/29/01 .-

Friday : 03/30/01.-

HOME OUR RECORD STOCK OF THE DAY

Send Comments: [email protected]

Copyright © 2001 20BAGGER.COM Inc. All rights reserved.