OK I think have figured out how to 'hot link this' ie. it should update here in real-time rather than having to goto stockcharts list....though I won't put al the charts here, just one's I've put comments on.
*just a note to say I think the Fearless Forecast sentiment poll ise unrealiable right now, having followed them for at least 3years, there's just something weird going on with far more votes than usualr right after the poll opens..nearly all bearish...could be wrong, but thats my feeling. Perhaps some blog or website has referred to it generated a bunch of newbie's, dunno', but Im not using it to guage sentiment right now. It also doesn't gel with sentiment i'm seing elsewhere such as odd lotters and Rydex.
Were in pre-labor day low volume b.s. mode this week..but sell signal is in effect, we have a brief backtest as blue box alluded to.....one way or another we will work our way to buy signal...where we stand by then will give me a better read....so far, nothing has happened to change my view that is a corrective move off the low, that will not reach new all time highs before a retest of the low.....but we could be a range bound market for weeks here....so for trading purpose I just follow the technical signals and not worrying about the bigger picture for now.
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=2&dy=0&i=p59961123720&a=115172808&r=181.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=10&yr=0&mn=2&dy=0&i=p26172510476&a=115441354&r=2089.png
Edited by entropy, 28 August 2007 - 12:53 AM.