part 2

2. Even higher extremes but still the banksters with the FEDs little help will carry on this hoax til Jan and to slightly higher levels. The 10day MA of the Call put ratio ISE has reached 162 another extreme. Cash reserves of mutual funds are at a 45 year low of 3.4% . but still this are not timing instruments and the TD Combo weekly counts currently at 12 for the SPX and 11 DOW suggest a bit more to go and it also is important how we close with big expiration ahead this Friday a brief downside adjustment is still very likely before the phony rally carries on.

Date Published	Percent Bullish	Percent Bearish
12/15	56.8	20.5
12/08	56.2	21.3
12/01	55.4	21.8
11/24	55.7	21.6
11/17	56.2	20.2
11/10	48.4	23.1
11/03	46.7	24.4
10/27	45.6	24.4
10/20	45.1	22
10/13	47.2	24.7
10/06	45.6	28.3
09/29	43.3	27.8
09/22	41.4	29.3
09/15	36.7	31.1
09/08	33.3	32.2
09/01	29.4	37.7
08/25	33.3	31.2
08/18	36.7	31.1
08/11	41.7	27.5
08/04	38.9	33.3