Investor Sentiment Update

Sorry for the lack of posts. Blogger has been experiencing some tech problems.

With 90 minuts left in the session, the indexes are still down, although there has been a rally attempt that brought them to about even.

The SPX is down the lease (-0.26%), while the mid-caps (MID) are down the most (-0.68%). Energy and consumer staple stocks are faring best, as a group.

As for investors anxiety measures, the VIX/VXN are still up significantly. The CBOE put/call ratio has been running above 1.0 all day. And the ISE Sentiment Index has been flirting around 100 today, a depressed level.

These factors may have helped the market bottom earlier, and hopefully will do the same in the last hour of trading. One of my colleagues on TheStreet.com is saying that too many traders are calling for a bottom. But it sure doesn't feel that way.
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