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The stock indices have been very mixed lately as they tread on either side of the break-even mark each day. The Dow ended the day up 19-points, while the S&P and Nasdaq were slightly lower, small caps were down a little more, and the Dow Transports were pummeled.
TSP Talk Sentiment Survey results for the week of 9/24/12- 9/28/12
The TSP Talk Sentiment Survey came in at 44% bulls, 47% bears, for a bulls to bears ratio of 0.94 to 1. That is a buy signal which means the system will remain 100% S fund for the week of 9/24/12 - 9/28/12.
Bull market rules have been in effect since the week of 1/09/12:
See latest survey results
To discuss or comment on the Sentiment Survey, go to Sentiment Survey Talk
Stocks were flat to slightly higher yesterday with the Dow gaining 13-points on the day, and the major indices were up between 0.01% and 0.03%.
Stocks were mixed yesterday as the Dow gained 11-points while the Nasdaq, S&P 500, and small caps closed flat to modestly lower.
Stocks took a day off from their recent breakout as some of the indices were quite overbought and probably need a couple of days to regain some strength. The Dow lost 40-points.