Seious weakness in SP-500

90% of the stocks in this index are under their 20 day weighted moving average.

80% are under their 50 day average

60% under 200 day average


Where are the instutions?

 

Well, it can be the bottom.

 

No, it can't. I am still long puts

 

Can I ask where you get that info? I don't look at that much , what are the percentages to look for again?

 

I run a exploration using MetaStock.

 

That is a really interesting way to view it. Thanks for the planting the seed in my brain, I am planning on viewing every chart in the Sp500 today to see how each looks individually.

Thanks

 

If you like this type of data, you may find this interesting:

http://home.mindspring.com/~nbuddy/sphotma.htm

Charles

 

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Jrs-3;

I would rather overanalyze than overtrade;
the former may be more profitable than the latter
in this bull market.

DIA, SPY, QQQ are under thier 50 DMA most of the week;
pretty much above average sell volume also.

 

I know. I sold you the puts.