Commentary and Strategies for the Hong Kong Stock Market

Wednesday, April 23, 2008

Sentiments

Investor Intelligence's BB ratio at .97. Very bearish...

AAII's Bull at 30 and Bear at 49. Very bearish

VIX-VXN Composite at around 26. Slightly fearful..

CBOE's call/put ratio at around 1.. can't tell...

Stock Market Indexes from its 52-week highs:

1. S&P500 has declined 12.56% from its 52-week high. Not quite in the 15 to 20% territory..

2. DJIA has declined 10.15% from its 52-week high. Not quite in the 15 to 20% territory..

3. NASDAQ has declined 15.86% from its 52 week high. hmm...

4. FTSE100 has declined 11.03% from its 52 week high. Not quite in the 15 to 20% territory..

5. Nikkei225 has declined 25.78% from its 52 week high. hmm...

6. MSCI EAFE has declined 12.6% from its 52 week high. Not quite in the 15 to 20% territory..

UBS/Gallop Investor Optimism.... can't find data...

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