Would you like to know the opinion of a dozen top Market Analysts before you make your next trade?

Harry Schiller's market timing system, whether short-term or intermediate-term, relies to a great extent on the signals generated by the many advisory services he monitors. The Short-Term Consensus Hotline is indebted to the many advisors who have made their hotlines and newsletters available to Schiller over the past twenty years. Schiller monitors the daily and often intraday updates provided by such notable analysts as Peter Eliades, Glenn Neely, Steve Todd, Steven Hochberg of Bob Prechter's Elliott Wave Theorist, Gerald Appel, Bob Carver, Tom McClellan, Larry McMillan, Bernie Schaeffer, Dan Sullivan, and Helene Meisler.

The Short-Term Consensus Hotline reports the buy and sell signals of these advisors and others, in addition to reporting on general advisor sentiment through Investor's Intelligence and Timer Digest. The greatest benefit of reviewing these signals is in identifying market turns of significance. That is, when several advisors who were on sell signals flip to the buy side, this typically constitutes a short-term buying opportunity. The converse of this is true at short-term tops. Schiller looks for extended markets and a "shift" of sentiment from the buy side to the sell side to trigger his sell signals.

Of course, sentiment is also useful as a "contrary indicator," and, as such, is a critical element in Schiller's methodology. Accordingly, he watches put-call ratios, overall advisor and investor sentiment, and the volatility index (VIX). When sentiment reaches extremes, Schiller looks for moves in the opposite direction. The VIX has been one of his most useful indicators in calling turns of significance over the past several years.

Another ingredient in Schiller's formula is the market's overbought/oversold condition. When the market reaches extremes, Schiller looks for opportunities to trade against the recent move, though generally trading with the larger trend. For example, in uptrending markets which have become oversold short-term, Schiller looks for buying opportunities.

Support and resistance levels are also a key component in Schiller's analysis, whether positioning for the intermediate term or buying in the futures market for a day trade. Accordingly, Schiller has turned the study of gaps into a science. He utilizes this most important element in his trading on a daily basis.

Schiller's Short-Term Consensus Hotline provides recommendations utilizing a variety of time horizons and risk parameters. For the risk averse, Schiller offers mutual fund switch signals for the intermediate term. For those seeking aggressive trading strategies for the short- to intermediate-term, but with a focus on hedging and risk management, his index options reports provide recommendations in OEX, QQQQ, and Dow Jones options. Equity option recommendations are provided as well. Finally, his futures trading section, updated several times a day by phone and email, is his most speculative and short-term. In this futures section, Schiller recommends specific trades, generally in the S&P Futures (E-Mini Contract), the Mini-Nasdaq 100 or in the S&P Options.

For those subscribers who would like personal consultation and continuous access to Schiller's resources, a limited number of brokerage accounts are currently available through optionsXpress.