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Market Sentiment Alerts for 4/13/5


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#1 TTHQ Staff

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Posted 13 April 2005 - 09:36 AM

Market Sentiment alerts
For Wednesday, April 13th, 2005
For the last 90 days preceding the Feb.18th issue ofTimer Digest, we were ranked FIFTH in the Nation.


1) At the Close of Today, our Dollar-weighted Put/Call Ratios ($wPCR) for Broad-basedMarket Indices (where very high $wPCR readings are BULLISH) and Narrow-based SectorIndices (where very low $wPCR readings are BULLISH) were:

Symbol Name $wPCR Signal Chart Reference
BBH BioTech HOLDRS 0.45 BULLISH $wPCR Chart
SMH Semiconductor HOLDRS 0.60 NEUTRAL $wPCR Chart
XLF Financial Select Sector SPDR 0.91 NEUTRAL $wPCR Chart
XLE Energy Select Sector SPDR 2.99 mildly BEARISH No $wPCR Chart


2) At the Close of Today, our Dollar-weighted Put/Call Ratio ($wPCR) Engine picked thefollowing stocks as good SHORT candidates due to their BEARISH (very high $w P/CRatio) reading:

Symbol Name $wPCR Chart Reference
FRX Forest Labs Inc. 17.06 $wPCR Chart
F Ford Motors 16.87 $wPCR Chart
TASR TASER International 6.33 $wPCR Chart



3) And, our Dollar-weighted Put/Call Ratio Engine picked the following stocks as good LONGcandidates due to their BULLISH (very low $w P/C Ratio) reading:

Symbol Name $wPCR Chart Reference
LOW Lowes Companies Inc. 0.05 $wPCR Chart
HOV Hovnanian Enterprises A 0.07 $wPCR Chart
MWD Morgan stanley 0.10 $wPCR Chart


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Please note that dollar-weighted put/call ratio's forward-looking window is fromone to three trading days from the signal day (why? in a capsule form, it has to do thepressure the options market makers are under to stay delta neutral while dealing with the3-day stock settlement rule). Once you are in the trade, you should monitor the up-to-datedollar-weighted put/call ratio reading as confirmation of the trade's direction; or, incase of reversal of the dollar-weighted put/call ratio reading, as an exit signal.

On many occasions, we offer special deals, like the "Year-End Bonus", chatsessions, etc., thru our pop-up notices. Make sure your browser's pop-up blocker willpermit our website to display our notices for you.

We are LONG the S&P-500Cash Index (SPX) from 1121.84 (closing price on 10/12/04) for the Timer of the YearCompetition monitored by the TimerDigest service.

For Calendar Year 2004, according to JimSchmidt of Timer Digest, we came in at 108.98, which ranks us at 11th, out ofapproximately 150 timers.


Market Sentiment alerts are published on Tuesday and Thursday evenings (exceptThursday before Expiration).