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The attached chart has a 30 minute sampling of bull/bear consensus based on
price action of various indicies. Thursday was neutral except for the XOI
and SOX temporary excursions. On Friday the XMI remained neutral the entire
day whereas everything else was in bear mode except for a few attempts at
neutrality by the high beta, the financial and oil indexes.
BTK = biotech
INX = SPX
NF = NYA Financial Index
NHB = NYA High Beta Index
SOX = semiconductor
XAU = gold index
XII = institutional index
XMI = major market index
XOI = oil index
I tried putting the DXY dollar index and CRY index in but their trading
times screw up the plots for the others.
bobr
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Attachment:
Description: "BULLBEAR.GIF"
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