September Quick-term and Short-term Indicant Updates

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Sep 28, 2007 Indicant Daily Stock Market Report

Volume 09, Issue 19 Supplement B, ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Quick/Short-term Indicant Stock Market Report - Summary

Quick-term Red Bulls: Eighteen of thirty; bullish bias holding and improving

Quick-term Yellow Bears: Three; non-bearish support continues and improving

Quick-term Non-Bearishness: Non-bearish support is improving.

Short-term Non-Bearishness: Continues supporting non-bearish behavior. The July-August bearish threat expired on Monday, September 17, 2007.

Force Vectors: Configurations are increasingly supporting bullish bias.

Vector Pressure: Twenty-eight in bullish domains, highlighting near unanimous support for bullish bias.

Long-term Hold Positions: Safe.

Immediate Tactics: Aggressively buy on buy signals.

Current Quick-term Bias: Bullish.

Overall (Long-term) Market Status: Bullish bias prevailing and strengthening.

Profit Potential from Naked Options: Volatility is declining, dampening option profit potential. However, dynamic sell-offs (bearish spurts) will offer periodic call option opportunities over the next few months.

Volume: Configurations are supporting bullish bias.

Comment from September 17, 2007

Configurations are shifting away from bearish support………….

Observation on September 18, 2007. The Dow’s 335-point gain today (9/18/07 is not jittery behavior. It is not a bullish spurt. It reflects the beginning of the heart and soul of bullish seasonality. Enjoy!

Quick-term/Short-term Indicant Stock Market Report Details

The Dow and NASDAQ are up 1.1% and 1.9%, respectively, since the Short-term Indicant signaled bull on September 18, 2007. The heart and soul of bullish seasonality should be predominant for several months.

Please read on. Click here to see the Short-term Indicant’s history.

Both Indicant Volume Indicator’s are aborting the attempted robustness. Friday’s mild volume on mild bearishness supports the continuation of the bullish bias. Recent high volume, coupled with aggressive bullishness supports a continuation of bullish bias.

SQI Report Card (Consolidated Short/Quick), Status, and Charts

There were no buy signal and no sell signals. Although there were no buy signals, the SQI is signaling hold for 30-ETF’s. They are up by an average of 76.3% (annualized at 35.9%) since their respective buy signals an average of 109.3-weeks ago. The SQI is not avoiding any ETF’s at this time.

The SQI model is the one that most of you will prefer for your trading decisions. It generates fewer signals than the other two models and represents consistencies in the Quick-term and Short-term outlooks for the specific ETF’s. It also beats buy and hold on a regular basis, although there is only eight years of proof. The quality of that proof is high since this period includes a powerful bull and bear. The model sours a little during meandering markets with an excessive number of signals from time to time. Research toward perfecting continues.

Short-term Indicant Report Card, Status, and Charts

There were no buy signals and no sell signals. Although there were no buy signals, the Short-term Indicant is signaling hold for 30-ETF’s. They are up an average of 77.6% (annualized 37.6%) since the STI signaled, buy, an average of 106.2-weeks ago. There are no avoid signals.

The Short-term Indicant is more active in buying/selling than the Consolidated model. The Quick-term Indicant, which follows, is even more active.

Quick-term Report Card, Status, and Charts

There were no buy signals and no sell signals. Although there were no buy signals, the Quick-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 17.0% (annualized at 31.4%) since the QTI signaled buy an average of 27.9-weeks ago. The Quick-term Indicant is not avoiding any ETF’s at this time.

The Quick-term Indicant is yet more active with buy and sell signals.

Conflicts Between the Short-term and Quick-term Indicants

There are no conflicts, whereby the Short-term Indicant and the Quick-term Indicant are in disagreement between hold and avoid status. This complete harmony of directional intensity continues supporting the Quick-term bullish bias shift since August 15, 2006.

Quick-term Indicant Bull/Bear Health Report

Only three of the 30-ETF’s are below their bearish yellow curves. The average relative position of all thirty ETF’s is above bearish yellow by 10.0%. This attribute is providing solid non-bearish support.

Nineteen of the ETF’s are above their respective bullish red curves, which is supportive of the bullish bias. All thirty ETF average positions are 1,8% above the bullish red curves. This supports bullish bias.

Short-term Indicant Bull/Bear Health Report for ETF’s

The above heading is linked to the Short-term Indicant table. This paragraph is repeated daily as a reminder of accurately interpreting the charts. By clicking the charts on the table you can review potential contact with the breakdown lines (bearish) and potential contact with breakout lines (bullish). It is extremely bearish when several ETF’s are contacting their respective breakdown lines. The breakdown lines are the yellow lines (bearish). The breakout lines are the red ones (bullish). Close proximity to breakout implies an increased probability of an actual breakout occurring. It is certainly bullish and you will want to be in a hold position for those few days a year when the breakout occurs. Conversely, significant contact with yellow (breakdown) suggests “avoid” positions are best.

One of the thirty ETF’s is contacting its breakout line. As stated the past several months, the high concentration of breakout-contact since August 2006 was solidly bullish. Contact in eighteen of the last nineteen trading days supports bullish bias.

The average distance from breakout contact is a mere 3.7%. This remains in support of the quick-term bullish bias.

None of the ETF’s are contacting breakdown lines, providing non-bearish support.

The average distance from the price and breakdown is a solid 22.7%. This configuration provides non-bearish support, which has been the case since March 2003.

ETF Force Vector Configurations

You can scan the Quick-term Indicant for Exchange Traded Funds table and click on the charts to observe Force Vector configurations. Scroll down each of the charts, where a quick link has been added to take you to the next series of Quick-term ETF charts. Use you back arrow on your browser to return to the previous page.

Eight Force Vectors are moving bullishly, supporting bullish bias.

This bull is strong and resisting bearish expressions. Consider any bearish expressions as mere spurts in the face of underlying bullish bias, which will offer more buying and call-option opportunities.

To understand potential financial opportunities, click here to learn to identify Robust Force Vectors. They are visible on the Quick-term Indicant charts.

ETF Force Vectors/Vector Pressure Crossings/Option Signals

Remember, the links contained herein are more visible when reading this on the website.

Click this sentence for Vector Pressure Option Signals. There were no option buy signals after Friday’s close.

Twenty-eight ETF Vector Pressures remain in bullish domains, which is up by sixteen since September 7 and increasingly supportive of bullish bias. This attribute approached bearish support in July and August. Just as it neared full bearish support during that period, the bull exerted its influence. The bull is again dominant even though there is a profit-taking threat on the near-term horizon.

As stated the past few weeks, this attribute held position, solidified, and allowed the bull to re-exert its influence.

Make certain you sell naked options when the Force Vectors shift direction or within two days of the purchase, whichever occurs first. If you are unfamiliar with this, take the options tour.

Remember options trading is risky. Never offer “market prices.” Always bid low in hopes of an intraday contrarian movement to the underlying assumption of directional behavior. Always place day-orders, only. That keeps the floor folks out of your pocketbook. Do not despair if your order does not take. There are plenty of opportunities throughout the course of the year. Remember, stalking is the key to success here. Although not necessary for stock market success, those of you who have a gambling instinct will enjoy this. For those of you with a longer-term perspective, it does not hurt to see what the short-term folks are thinking. The Indicant indicates both perspectives.

Quick-term and Short-term Indicant Summary

The shift from bearish bias to bullish bias started on Tuesday, August 15, 2006 after maintaining a bearish bias from early February 2006 until August 15, 2006.

Message from Monday, September 17, 2007. The market is configuring nicely in support of the impending heart and soul of bullish seasonality.

Message from September 17, 2007. It is recommended to avoid writing covered call options due to increased probability of quick-term and short-term bullishness. Modified on September 24, 2007. Vector Pressure is again positive (bullish) and not configured favorably for writing covered call options.

The Quick-term Bull remains in tact.

ProFunds Ultra Short mutual fund moves inversely to the QQQQ by exponential amounts. The Consolidated Indicant model is not avoiding QQQQ, which does not support holding contrarian fund, ProFunds Ultra Short.

To familiarize yourself with viewing the market from an ETF perspective, click the following update links.

Quick-term ETF Options

Quick-term Indicant for ETF’s

Short-term Indicant for ETF’s

Consolidated Quick-term/Short-term Indicant for ETF’s

Click here to the report card, which is updated weekly, to link to related tours.

Links to the Short-term Indicant and Indicant Volume Indicator are below:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Happy Investing,

Indicant.Net

www.indicant.Net

09/28/07

Sep 27, 2007 Indicant Daily Stock Market Report

Volume 09, Issue 18 Supplement B, ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Quick/Short-term Indicant Stock Market Report - Summary

Quick-term Red Bulls: Eighteen of thirty; bullish bias holding and improving

Quick-term Yellow Bears: One; non-bearish support continues and improving

Quick-term Non-Bearishness: Non-bearish support is improving.

Short-term Non-Bearishness: Continues supporting non-bearish behavior. The July-August bearish threat expired on September 17, 2007.

Force Vectors: Configurations are increasingly supporting bullish bias.

Vector Pressure: Twenty-eight in bullish domains, highlighting near unanimous support for bullish bias.

Long-term Hold Positions: Safe.

Immediate Tactics: Aggressively buy on buy signals.

Current Quick-term Bias: Bullish.

Overall (Long-term) Market Status: Bullish bias prevailing and strengthening.

Volume: Configurations are supporting bullish bias.

Comment from September 17, 2007

Configurations are shifting away from bearish support. Although some volatile expressions remain threatening, the bull is configuring to demonstrate its dominance.

Quick-term/Short-term Indicant Stock Market Report Details

The Dow and NASDAQ are up 1.3% and 2.2%, respectively, since the Short-term Indicant signaled bull on September 18, 2007. The heart and soul of bullish seasonality should be predominant for several months.

Please read on. Click here to see the Short-term Indicant’s history.

Both Indicant Volume Indicator’s are aborting the attempted robustness. Today’s volume was light on mild bullishness. Recent high volume, coupled with aggressive bullishness supports a continuation of bullish bias.

SQI Report Card (Consolidated Short/Quick), Status, and Charts

There were no buy signal and no sell signals. Although there were no buy signals, the SQI is signaling hold for 30-ETF’s. They are up by an average of 77.2% (annualized at 36.4%) since their respective buy signals an average of 109.1-weeks ago. The SQI is not avoiding any ETF’s at this time.

Short-term Indicant Report Card, Status, and Charts

There were no buy signals and no sell signals. Although there were no buy signals, the Short-term Indicant is signaling hold for 30-ETF’s. They are up an average of 78.5% (annualized 38.1%) since the STI signaled, buy, an average of 106.1-weeks ago. There are no avoid signals.

The Short-term Indicant is more active in buying/selling than the Consolidated model. The Quick-term Indicant, which follows, is even more active.

Quick-term Report Card, Status, and Charts

There were no buy signals and no sell signals. Although there were no buy signals, the Quick-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 17.5% (annualized at 32.5%) since the QTI signaled buy an average of 27.7-weeks ago. The Quick-term Indicant is not avoiding any ETF’s at this time.

The Quick-term Indicant is yet more active with buy and sell signals.

Conflicts Between the Short-term and Quick-term Indicants

Quick-term Indicant Bull/Bear Health Report

Only one of the 30-ETF’s is below its bearish yellow curve. The average relative position of all thirty ETF’s is above bearish yellow by 10.5%. This attribute is providing solid non-bearish support.

Eighteen of the ETF’s are above their respective bullish red curves, which is supportive of the bullish bias. All thirty ETF average positions are 2.3% above their bullish red curves. Solid support for bullish bias is now in force.

Short-term Indicant Bull/Bear Health Report for ETF’s

Five of the thirty ETF’s are contacting their breakout lines. As stated the past several months, the high concentration of breakout-contact since August 2006 was solidly bullish. Contact in seventeen of the last eighteen trading days supports bullish bias.

The average distance from breakout contact is a mere 3.3%. This remains in support of the quick-term bullish bias.

None of the ETF’s are contacting breakdown lines, providing non-bearish support.

The average distance from the price and breakdown is a solid 23.7%. This configuration provides non-bearish support, which has been the case since March 2003.

ETF Force Vector Configurations

Nine Force Vectors are moving bullishly and in solid support of bullish bias. This is up from yesterday and nudging the probability of near-term bearishness to the south.

This bull is strong and resisting bearish expressions. Consider any bearish expressions as mere spurts in the face of underlying bullish bias, which offers yet more buying opportunities.

To understand potential financial opportunities, click here to learn to identify Robust Force Vectors. They are visible on the Quick-term Indicant charts.

ETF Force Vectors/Vector Pressure Crossings/Option Signals

Remember, the links contained herein are more visible when reading this on the website.

Click this sentence for Vector Pressure Option Signals. There were no option buy signals after Thursday’s close.

Twenty-eight ETF Vector Pressures remain in bullish domains, which is up by eighteen since September 6 and increasingly supportive of bullish bias. This attribute approached bearish support in July and August. Just as it neared full bearish support a few weeks ago, the bull exerted its influence. The bull is again dominant even though there is a profit-taking threat on the near-term horizon.

As stated the past few weeks, this attribute held position, solidified, and allowed the bull to re-exert its influence.

Make certain you sell naked options when the Force Vectors shift direction or within two days of the purchase, whichever occurs first. If you are unfamiliar with this, take the options tour.

Quick-term and Short-term Indicant Summary

The shift from bearish bias to bullish bias started on Tuesday, August 15, 2006 after maintaining a bearish bias from early February 2006 until August 15, 2006.

Message from Monday, September 17, 2007. The market is configuring nicely in support of the impending heart and soul of bullish seasonality.

The Quick-term Bull remains in tact.

To familiarize yourself with viewing the market from an ETF perspective, click the following update links.

Quick-term ETF Options

Quick-term Indicant for ETF’s

Short-term Indicant for ETF’s

Consolidated Quick-term/Short-term Indicant for ETF’s

Click here to the report card, which is updated weekly, to link to related tours.

Links to the Short-term Indicant and Indicant Volume Indicator are below:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Happy Investing,

Indicant.Net

www.indicant.Net

09/27/07

Sep 26, 2007 Indicant Daily Stock Market Report

Volume 09, Issue 17 Supplement B, ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Quick/Short-term Indicant Stock Market Report - Summary

Quick-term Red Bulls: Nineteen of thirty; bullish bias holding and improving

Quick-term Yellow Bears: Three; non-bearish support continues and improving

Quick-term Non-Bearishness: Non-bearish support is improving.

Short-term Non-Bearishness: Continues supporting non-bearish behavior. The July-August bearish threat expired on September 17, 2007.

Force Vectors: Configurations are increasingly supporting bullish bias, although many have shifted south today. That shift is from healthy bullish domains and non-threatening to bullish bias.

Vector Pressure: Twenty-nine in bullish domains, highlighting near unanimous support for bullish bias.

Long-term Hold Positions: Safe.

Immediate Tactics: Aggressively buy on buy signals.

Current Quick-term Bias: Bullish.

Overall (Long-term) Market Status: Bullish bias prevailing and strengthening.

Volume: Configurations are supporting bullish bias.

Comment from September 17, 2007

Configurations are shifting away from bearish support. Although some volatile expressions remain threatening, the bull is configuring to demonstrate its dominance.

Quick-term/Short-term Indicant Stock Market Report Details

The Dow and NASDAQ are up 1.0% and 1.8%, respectively, since the Short-term Indicant signaled bull on September 18, 2007. The heart and soul of bullish seasonality should be predominant for several months.

Please read on. Click here to see the Short-term Indicant’s history.

As stated the past few days, both Indicant Volume Indicator’s are reversing recent lethargy. Although not yet robust, this attribute is configuring to support sustainable bullish bias. Today’s bullishness was accompanied with high NYSE-volume and health NASDAQ volume. The bullish bias remains in place with this configuration.

SQI Report Card (Consolidated Short/Quick), Status, and Charts

There was one buy signal and no sell signals. In addition to the buy signal, the SQI is signaling hold for 29-ETF’s. They are up by an average of 77.9% (annualized at 35.5%) since their respective buy signals an average of 112.8-weeks ago. The SQI is no avoiding any ETF’s at this time.

Short-term Indicant Report Card, Status, and Charts

There were no buy signals and no sell signals. Although there were no buy signals, the Short-term Indicant is signaling hold for 30-ETF’s. They are up an average of 76.6% (annualized 37.2%) since the STI signaled, buy, an average of 105.9-weeks ago. There are no avoid signals.

The Short-term Indicant is more active in buying/selling than the Consolidated model. The Quick-term Indicant, which follows, is even more active.

Quick-term Report Card, Status, and Charts

There was one buy signal and no sell signals. In addition to the buy signal, the Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 17.1% (annualized at 30.9%) since the QTI signaled buy an average of 28.5-weeks ago. The Quick-term Indicant is not avoiding any ETF’s at this time.

The Quick-term Indicant is yet more active with buy and sell signals.

Conflicts Between the Short-term and Quick-term Indicants

Quick-term Indicant Bull/Bear Health Report

Only three of the 30-ETF’s are below their bearish yellow curves. The average relative position of all thirty ETF’s is above bearish yellow by 9.7%. This attribute is providing solid non-bearish support.

Nineteen of the ETF’s are above their respective bullish red curves, which is supportive of the bullish bias. All thirty ETF average positions are 1.6% above their bullish red curves. Solid support for bullish bias is now in force.

Short-term Indicant Bull/Bear Health Report for ETF’s

Five of the thirty ETF’s are contacting their breakout lines. As stated the past several months, the high concentration of breakout-contact since August 2006 was solidly bullish. Contact in sixteen of the last seventeen trading days supports bullish bias.

The average distance from breakout contact is a mere 3.8%. This remains in support of the quick-term bullish bias.

None of the ETF’s are contacting breakdown lines, providing non-bearish support.

The average distance from the price and breakdown is a solid 23.1%. This configuration provides non-bearish support, which has been the case since March 2003.

ETF Force Vector Configurations

Force Vector cycles are extremely fast, seldom lasting more than six days. Eight are moving bullishly and in solid support of bullish bias. This is down considerably from yesterday, suggesting a tint of mounting bearish influence on the near-term basis

As stated late last week, this bullish cycle appears mature. Do not be surprised at some profit taking in the next few days. Configurations suggest that any bearish expression would be just that.

To understand potential financial opportunities, click here to learn to identify Robust Force Vectors. They are visible on the Quick-term Indicant charts.

ETF Force Vectors/Vector Pressure Crossings/Option Signals

Remember, the links contained herein are more visible when reading this on the website.

Click this sentence for Vector Pressure Option Signals. There were no option buy signals after Wednesday’s close.

Twenty-nine ETF Vector Pressures remain in bullish domains, which is up by twenty-one since September 5 and increasingly supportive of bullish bias. This attribute approached bearish support in July and August. Just as it neared full bearish support a few weeks ago, the bull exerted its influence. The bull is again dominant even though there is a profit-taking threat on the near-term horizon.

As stated the past few weeks, this attribute held position, solidified, and allowed the bull to re-exert its influence.

Make certain you sell naked options when the Force Vectors shift direction or within two days of the purchase, whichever occurs first. If you are unfamiliar with this, take the options tour.

Quick-term and Short-term Indicant Summary

The shift from bearish bias to bullish bias started on Tuesday, August 15, 2006 after maintaining a bearish bias from early February 2006 until August 15, 2006.

Message from Monday, September 17, 2007. The market is configuring nicely in support of the impending heart and soul of bullish seasonality.

The Quick-term Bull remains in tact.

To familiarize yourself with viewing the market from an ETF perspective, click the following update links.

Quick-term ETF Options

Quick-term Indicant for ETF’s

Short-term Indicant for ETF’s

Consolidated Quick-term/Short-term Indicant for ETF’s

Click here to the report card, which is updated weekly, to link to related tours.

Links to the Short-term Indicant and Indicant Volume Indicator are below:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Happy Investing,

Indicant.Net

www.indicant.Net

09/26/07

Sep 25, 2007 Indicant Daily Stock Market Report

Volume 09, Issue 16 Supplement B, ISSN 1526 6516 QT/ST

Today's Report

Quick/Short-term Indicant Stock Market Report - Summary

Quick-term Red Bulls: Seventeen of thirty; bullish bias holding and improving

Quick-term Yellow Bears: Four; non-bearish support continues and improving

Quick-term Non-Bearishness: Non-bearish support is improving.

Short-term Non-Bearishness: Continues supporting non-bearish behavior. The July-August bearish threat expired last Monday, September 17, 2007.

Force Vectors: Configurations are increasingly supporting bullish bias. The current cycle is mature and not favorable for naked call option buying.

Vector Pressure: Twenty-nine in bullish domains, highlighting near unanimous support for bullish bias.

Long-term Hold Positions: Safe.

Immediate Tactics: Aggressively buy on buy signals.

Current Quick-term Bias: Bullish.

Overall (Long-term) Market Status: Bullish bias prevailing and strengthening.

Profit Potential from Naked Options: Volatility is declining, dampening option profit potential. However, dynamic sell-offs (bearish spurts) will offer periodic call option opportunities.

Volume: Configurations are supporting bullish bias.

Comment from September 17, 2007

Configurations are shifting away from bearish support. Although some volatile expressions remain threatening, the bull is configuring to demonstrate its dominance.

Quick-term/Short-term Indicant Stock Market Report Details

The Dow and NASDAQ are up 0.3% and 1.2%, respectively, since the Short-term Indicant signaled bull on September 18, 2007. The heart and soul of bullish seasonality should be predominant for several months.

Please read on. Click here to see the Short-term Indicant’s history.

As stated the past few days, both Indicant Volume Indicator’s are reversing recent lethargy. Although not yet robust, this attribute is configuring to support sustainable bullish bias. Today’s mild bullishness was accompanied with high NYSE-volume and mediocre NASDAQ volume. There is a slight bullish bias with this configuration.

SQI Report Card (Consolidated Short/Quick), Status, and Charts

There were no buy signals and no sell signals. Although there were no buy signals, the SQI is signaling hold for 29-ETF’s. They are up by an average of 74.0% (annualized at 33.8%) since their respective buy signals an average of 112.6-weeks ago. Although there were no sell signals, the SQI is avoiding one ETF. It is up 3.4% since its sell signal 5.1-weeks ago.

Short-term Indicant Report Card, Status, and Charts

There were no buy signals and no sell signals. Although there were no buy signals, the Short-term Indicant is signaling hold for 30-ETF’s. They are up an average of 75.0% (annualized 36.5%) since the STI signaled, buy, an average of 105.8-weeks ago. There are no avoid signals.

The Short-term Indicant is more active in buying/selling than the Consolidated model. The Quick-term Indicant, which follows, is even more active.

Quick-term Report Card, Status, and Charts

There were no buy signals and no sell signals. Although there were no buy signals, the Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 16.3% (annualized at 29.6%) since the QTI signaled buy an average of 28.4-weeks ago. Although there were no sell signals, the Quick-term Indicant is avoiding one ETF. It is down 1.5% since its sell signal 6.7-weeks ago.

The Quick-term Indicant is yet more active with buy and sell signals.

Conflicts Between the Short-term and Quick-term Indicants

There is only one conflict, whereby the Short-term Indicant and the Quick-term Indicant are in disagreement between hold and avoid status. Near unanimous harmony of directional intensity reconfigured in early September after its disruption last July. This continues supporting the Quick-term bullish bias shift on August 15, 2006. Keep in mind, the mid-summer bearish behavior did not shift trend and bias.