Market Timing - Advisors Sentiment. Bulls up+49.5%. Bears up+21.3%.
Note: - DJIA broke over my math resistance of 13,593 to record 14,053 intraday, all in a few days. Closed today at 13,950 up+43. Pt.& fig.remains bullish. B&B figs.were out Wed.11th c/o Investors Intelligence at 914-632-9422 NY. www.investorsintelligence.com

Quote:-
The Bulls were only slightly higher at 49.5%, after falling to 49.4% a week ago. The Bulls had declined from earlier June readings at 53.8% and 56.7%, a high for 2007. Fears of rising long term interest rates, a falling dollar, and stock market weakness all were concerns responsible for the drop in bullishness.

The Bears bounced back up to 21.3% from a two-year low at 18.0% last time. Higher bearish levels are good for the market. Those looking for a correction dropped to 29.2% from 32.6% last week. This was the highest correction reading since August 1997, almost ten years ago.
Copy 2007 Investors Intelligence, NY, USA.

Updates:-
DJIA mentioned above, continues on it's rocket rise and the pt.& fig.broke out over my math resistance at 13,593. The next math number above that is at 13,900 and we got there in a few days Pt.& fig.take off, began at 13,700 and hit the sq.of 13,950. It will be interesting if we get a back off and the pt.& fig.reversal now. Support will be at 13,700. P&f chart click below. US Dollar 80.53 dn-0.05, continues to drop as forecast, target 80.00. It broke a double low. Gold $666 dn-1.00 has turned bullish and is rising above 14,21,& 28dma. Pt& fig.breakout now. Crude Oil $74.23 up+0.10 and continues to rise over my target of $72.90, next math number is $77. N.G. $6.48 dn-0.29 has been hit hard and will take time to form a base and follow crude on BTU value.

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Charlton Capital Ltd. Mr.618