tag:blogger.com,1999:blog-12333088.post7121742207344413682..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on March 14, 2012Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-12333088.post-12472338507413777002012-03-14T10:36:20.510-04:002012-03-14T10:36:20.510-04:00S+P 500 Sentiment gauges:
1)Daily Sentiment Index ...S+P 500 Sentiment gauges:<br />1)Daily Sentiment Index (DSI) (Mar 13): 78% bulls,<br />(73% 5 day avg, 71% 10 day avg). Semi-overbought, and<br />heading higher. Tops have been above 85% bulls over<br />the last three years. Bottomed at a 17% bulls 10 day<br />avg oversold extreme in late-Dec.<br />2)Investors Intelligence readings (Mar 13): 43.6%<br />bulls (vs 47.9%), 26.6% bears (vs 26.6%), 29.8%<br />correction. Decent drop is positive. Continues decline<br />from the 54.8% bulls reading on Feb 14. That was the<br />highest since May 2 ‘11. Last year’s high was 57.3% on<br />Apr 5. Historical danger zone is 56-62% bulls.<br />3)American Association Of Individual Investors<br />(AAII) (Mar 8): 42.4% bulls (vs 44.5%), 29% bears (vs<br />26.8%). Neutral. Peaked at 52.3% bulls on Jan 11.<br />Bottomed last year at 21% bulls in July & Aug. March<br />‘09 troughed at 18.9% bulls.<br />Respect you Sir!Navhttps://www.blogger.com/profile/06774693125142705115noreply@blogger.com