Institution net buying spiked again yesterday

maserati

almost reach 3500 level. Clearly it's not time to jump on bears' wagon.

Poo

interesting. MF  are coming in?

sophiaxy

lao da, did u play post MAD today? since it's briefly closed the gap this morning, does it mean according to the rule, not necessarily to close the gap again?

oldfox

freeocean

fixedincome

WSJ info?

Cobra

almost reach 3500 level. Clearly it's not time to jump on bears' wagon.
maserati 发表于 2009-5-5 11:32

 

这是comment原文：

 

Today's comment: Net Institutional Buying ticked up, and remained at a high level. Note that the Net Buying has been making "lower/highs" since the April 3rd. peak. 
b.) The fast, 3/6 Exponential moving Averages (EMA) are in positive territory with an up tick.

Previous comments: "NET" Institutional Buying & Selling had an extreme reading 10 TIMES.  We do not normally get 1 such extreme reading until AFTER a new Bull market is started.  The last time this happened was two months after the market retested is lows in 2003.  This is the result of a government related "induction".  A Red  Flag.  These extreme high readings are unprecedented and a real concern given that the economy, Banking problems, and unemployment have not even turned around yet.  What's going on here?   It did NOT happen even once during the last Bear Market and only 2 times during the last Bull Market.  This is an obvious attempt to push the market higher and have everyone believe that the Bear Market is over.   It is NOT over ... I'll repeat that, it is not over.  We need a retest of the lows (probably an inverted Head & Shoulders pattern).

happyface

thanks Cobra

maserati

7# Cobra
I totally agree his comments as there is no way any big boys including US government can mantain that kind of purchasing power for a longer period of time. The goal is to make majority of investors beleive maket stabilized and draw all the money that has been sitting on sideline into equity markets.


BTW, can you please post the whole thing in your blog if it's not much of trouble for you? Baiyun used to post daily updates on her blog but stopped recently. Thanks.

ByStander

almost reach 3500 level. Clearly it's not time to jump on bears' wagon.
maserati 发表于 2009-5-5 11:32

I guess most of them are just panic buying

dennis

diiiing

风清扬

7# Cobra


thx