Weekend roundup of analysts examining market effects of last week's carnage

Time to put out a listif analysts that our readers are likely to appreciate, giving insight and comments about how the markets are stacking up now. We'll start with some of our usual favorites:

T Theory™ Foundation: T Theory™ Daily Updates, Forecasts, Charts and Data at http://www.ttheoryfoundation.org/t-theory-calculations.html

Terry's T Theory™ Comment for May 7 2010 Close: My T Theory Forecast remains generally bullish into late August based on the long term AD T #13. See Download ADTs Historical.

No change to yesterday's forecast. The chart and discussion for Fridays data is moving permanently to the regular Sunday T Theory Observations discussion.

Todays Audio Commentary Download TTF20100506Commentary

For a higher quality chart Download SRTvowave20100506pdf

On this Sunday's Terry Laundry's T Theory Observations I presented more examples of Parkers charts of my T Theory Confidence and answered more reader questions.

New Data Source: The PDF File below will provide students of T Theory a full data base of the daily indicators for the last 280 market days. My daily chart above always plots 280 trading days and prints the data for the last 5 days data. This table gives a longer history and matches the graphic plot. Hint: use the day number in the left column to do "days between dates" calculations for the longer Ts. I have updated this file to April 1 below.

Latest Data File Download 280DaysDataApr30 Jim's Excel SS Download T theory data inverted

To calculate the Advance-decline Oscillator see T Theory™ Foundation: Short Range T Theory™ Comments for April 23 2010 Data

See the market summary trends for this coming Sunday at Terry Laundry's T Theory Observations

Terry Laundry's T Theory™ Observations: Terry Laundry's Weekly T Theory™ Observations for May 9 2010, at http://www.ttheory.com/

T Theory™ Observations for Sunday May 7 2010 Sunday's topics summarizes the new short term developments and refines the 40 Year Cycle forecast.

Each topic has its separate Audio file. Pull up a chart or print it, then start the audio separately. Higher resolution PDF charts are usually supplied at the link following the chart images below. You may download the charts and print them for your collection.

Current projections from the Short Term Volume Oscillator Chart

Commentary for Short Term Topic Download TTO20100509 STCommentary

For a higher resolution Chart Download SRTvowave20100507pdf

Review of the Forty Year Cycle Chart

Commentary for Forty Year Cycle Chart Download TTO20100509FortyYrCycleCommentary

For a higher resolution Chart Download 40YCyclepdf

This is the end of the Sunday May 7 2010 T Theory Observations. Thank you for checking in.

Send any comments or requests to me at the envelope link below.

Each Sunday, unless otherwise noted, I post my observations here by Sunday afternoon. When I post the Charts on Saturday don't email me questions until the full Sunday presentation is finalized.

And now for some other great analysts' articles:

By Mike Burk: Technical Market Report for May 8, 2010 | Mike Burk | Safehaven.com, at http://www.safehaven.com/article/16715/technical-market-report-for-may-8-2010.

By Marty Chenard: NYSE 'Declining Volume Warning' Update | Marty Chenard | Safehaven.com (5/7), at http://www.safehaven.com/article/16703/nyse-declining-volume-warning-update.

By Philip Davis: Business As Usual on Fat-Finger Friday -- Seeking Alpha, http://seekingalpha.com/article/203702-business-as-usual-on-fat-finger-friday.

Monday Morning Outlook: DJIA Erases 2010 Gains on Fears of 'European Contagion'

The Dow Jones Industrial Average (DJIA) was lucky to hold support at the 10,000 level last week, despite closing the prior week above 11,000. The revival of fears surrounding Greek's sovereign debt led to ruminations about a "European Contagion" that could spread to the rest of the continent. The result was a near 1,000-point plunge (and modest recovery) by the DJIA on Thursday, with the malaise extending into the weekend. Looking ahead, Todd Salamone, Senior Vice President of Research, returns from last week's hiatus to examine some key sentiment indicators, while comparing the current market to the "Asian Contagion" of the late 1990s. Todd also looks at the possibility of seizing upon opportunities to go long while maintaining a healthy caution. Next, Senior Quantitative Analyst Rocky White takes a closer look at last week's spike in the CBOE Market Volatility Index (VIX). While the VIX is often called the "fear" index, Rocky questions whether investors should really refrain from diving back into the market in the wake of these signals. Finally, we wrap up with a look at some key economic and earnings reports slated for release this week.

By David I. Templeton: Does May 2010 = March 2009? -- Seeking Alpha, http://seekingalpha.com/article/203687-does-may-2010-march-2009.

And for what it's worth (I get this is a "what about Bob" segment, LOL): What Do These 8 Technical Indicators Mean for the Markets? | Robert Prechter | Safehaven.com (5/7), at http://www.safehaven.com/article/16702/what-do-these-8-technical-indicators-mean-for-the-markets.