Gottfried and Threaders, Talk about Sectors going topsy/turvy just compare the Semi's, Software, Computer and Telephone Sectors on 3/14/00 with this week, 4/11/00. What a reversal! Your charts will graphically show the swing.
Following is the DW data at the close of Tuesday for your comparisons.
Naturally, the above is only my opinions and the data which I have reviewed from the Dorsey Wright site, IBD and SEMI sites. Readers are reminded the old saving, "caveat emptor (buyer/reader beware)."
Paul
Percent Percent Percent Percent Percent MARKET, LEADING INDICATORS & 3/14/00 3/21/00 3/28/00 4/1/00 4/12/00 SECTOR BULL PERCENTAGES 10week 30.82 10week 52.01 10week 53.65 10week 57.77 10week 62.21 LEADING INDICATOR #1 10week moving average BP 30week 29.65 30week 39.22 30week 40.18 30week 46.45 30week 50.61 LEADING INDICATOR #4 30week moving average BP bpaero 47.5 bpaero 54.1 bpaero 56.7 bpaero 46.8 bpaero 51.6 Aerospace Bull percentage bpasia 52.9 bpasia 51.9 bpasia 51.9 bpasia 51.9 bpasia 48.1 Asia Bull percentage bpauto 31.5 bpauto 37 bpauto 39.1 bpauto 37.4 bpauto 42.9 Automobile Bull percentage bpbank 9.8 bpbank 20 bpbank 24.7 bpbank 25.9 bpbank 27.5 Banking Bull percentage bpbiom 25 bpbiom 14.9 bpbiom 35.7 bpbiom 10.3 bpbiom 32.5 Biomedics/Genetics Bull percentage bpbuil 27.1 bpbuil 36.8 bpbuil 37.7 bpbuil 35.9 bpbuil 37.3 Building Bull percentage bpbusi 49.1 bpbusi 45.2 bpbusi 45.2 bpbusi 36.8 bpbusi 40.4 Business Products Bull percentage bpchem 29.2 bpchem 33.3 bpchem 42.7 bpchem 43.2 bpchem 48.3 Chemical Bull percentage bpcomp 56.9 bpcomp 41.9 bpcomp 49.2 bpcomp 18.3 bpcomp 23.3 Computer Bull percentage bpdrug 43.2 bpdrug 40.2 bpdrug 43.8 bpdrug 33.6 bpdrug 48.2 Drug Bull percentage bpelec 59.3 bpelec 44.3 bpelec 56.5 bpelec 29.8 bpelec 42.1 Electronics Bull percentage bpeuro 58.3 bpeuro 50 bpeuro 58.3 bpeuro 45.9 bpeuro 47.4 Europe Bull percentage bpeuti 27 bpeuti 28.4 bpeuti 25 bpeuti 25 bpeuti 28.2 Electric Utilities Bull percentage bpfina 30.2 bpfina 36.5 bpfina 41.7 bpfina 38.9 bpfina 40 Financial Bull percentage bpfood 32.2 bpfood 38.2 bpfood 37.9 bpfood 43.9 bpfood 45.3 Food, Beverages, Soap Bull percentage bpfore 29.2 bpfore 52.1 bpfore 54.2 bpfore 55.3 bpfore 57.4 Forest Products/Soap Bull percentage bpgame 43.9 bpgame 43.9 bpgame 47.5 bpgame 50 bpgame 47.5 Gaming Bull percentage bpguti 38.6 bpguti 40.4 bpguti 43.9 bpguti 44.6 bpguti 48.2 Gas Utilities Bull percentage bpheal 53.8 bpheal 46.6 bpheal 48.1 bpheal 32.8 bpheal 37.5 Health Care Bull percentage bphous 37.2 bphous 43.8 bphous 50.4 bphous 45.3 bphous 48.4 Housing Bull percentage bpinet 50.14 bpinet 22.37 bpinet 35.54 bpinet 4.06 bpinet 11.42 Internet Bull percentage bpinsu 19.3 bpinsu 32.9 bpinsu 46.3 bpinsu 50.7 bpinsu 46.7 Insurance Bull percentage bplati 57.1 bplati 51.9 bplati 53.8 bplati 42.3 bplati 40.4 Latin America Bull percentage bpleis 38.5 bpleis 38.8 bpleis 42.7 bpleis 37.6 bpleis 40.6 leisure Bull percentage bpmach 37.91 bpmach 38.9 bpmach 43.2 bpmach 41.5 bpmach 42.6 Machinery and tools Bull percentage bpmedi 35.5 bpmedi 41.9 bpmedi 48.4 bpmedi 37.2 bpmedi 42.6 Media Bull percentage bpmeta 29.3 bpmeta 36.1 bpmeta 40.8 bpmeta 36.6 bpmeta 38 Metal Non bpnyse 32.7 bpnyse 39.4 bpnyse 43.7 bpnyse 44.5 bpnyse 45.1 NEW YORK STOCK EXCHG. Bull percentages bpoil 56.4 bpoil 61.2 bpoil 61.9 bpoil 70.1 bpoil 69.4 Oil Restaurant Bull percentage bpoils 63.8 bpoils 58.8 bpoils 68.8 bpoils 66.7 bpoils 54.3 Oil Services Restaurant Bull percentage bpopti 35.09 bpopti 49.17 bpopti 48.77 bpopti 34.19 bpopti 42.07 LEADING INDICATOR #2 Options bull percentage bpotc 44.1 bpotc 35.1 bpotc 47.3 bpotc 25.7 bpotc 35.4 OVER-THE-COUNTER Bull percentage bpprec 27.9 bpprec 27.9 bpprec 27.9 bpprec 25.6 bpprec 26.2 Precious Metals Bull percentage bpprot 55.9 bpprot 50 bpprot 58.8 bpprot 40 bpprot 40 Protection Safety Equipment BP bpreal 27.2 bpreal 27.9 bpreal 30.7 bpreal 30.7 bpreal 35.2 Real Estate Restaurant Bull percentage bprest 33.8 bprest 37.7 bprest 39.5 bprest 42.1 bprest 44.7 Restaurant Bull percentage bpreta 34.1 bpreta 47.3 bpreta 49.6 bpreta 47.1 bpreta 47.1 Retail Restaurant Bull percentage bpsavi 16.7 bpsavi 20 bpsavi 22.5 bpsavi 23.9 bpsavi 25 Savings and Loans Bull percentage bpsemi 60.2 bpsemi 32.3 bpsemi 60.2 bpsemi 5.5 bpsemi 34.1 Semiconductor Bull percentage bpsoft 65.8 bpsoft 38.8 bpsoft 48 bpsoft 9.6 bpsoft 19.9 Software Bull percentage bpstee 25 bpstee 30.8 bpstee 28.2 bpstee 32.5 bpstee 32.5 Steel/Iron Bull percentage bptele 59.6 bptele 39.4 bptele 52.3 bptele 16.4 bptele 22 Telephone Bull percentage bptext 32.9 bptext 36.3 bptext 37.5 bptext 36.1 bptext 37.8 Textile Bull percentage bptran 25 bptran 32.9 bptran 34.1 bptran 29.3 bptran 34.1 Transportation/Non Air Bull percentage bpwall 56.9 bpwall 61.5 bpwall 66 bpwall 37.3 bpwall 39.2 Wall Street Bull percentage bpwast 55.6 bpwast 46.3 bpwast 48.1 bpwast 50.09 bpwast 50 Waste Management Bull percentage HiLo 30.46 HiLo 42.16 HiLo 54.31 HiLo 58.26 HiLo 50.61 LEADING INDICATOR #3 Highs and Lows Bull percentage
NUMERICAL ORDER BELOW Percent Percent Percent Percent Percent MARKET, LEADING INDICATORS & 3/14/00 3/21/00 3/28/00 4/1/00 4/12/00 SECTOR BULL PERCENTAGES bpsoft 65.8 bpwall 61.5 bpoils 68.8 bpoil 70.1 bpoil 69.4 Oil Restaurant Bull percentage bpoils 63.8 bpoil 61.2 bpwall 66 bpoils 66.7 10week 62.21 LEADING INDICATOR #1 10week moving average BP bpsemi 60.2 bpoils 58.8 bpoil 61.9 HiLo 58.26 bpfore 57.4 Forest Products/Soap Bull percentage bptele 59.6 bpaero 54.1 bpsemi 60.2 10week 57.77 bpoils 54.3 Oil Services Restaurant Bull percentage bpelec 59.3 bpfore 52.1 bpprot 58.8 bpfore 55.3 bpaero 51.6 Aerospace Bull percentage bpeuro 58.3 10week 52.01 bpeuro 58.3 bpasia 51.9 HiLo 50.61 LEADING INDICATOR #3 Highs and Lows Bull percentage bplati 57.1 bplati 51.9 bpaero 56.7 bpinsu 50.7 30week 50.61 LEADING INDICATOR #4 30week moving average BP bpwall 56.9 bpasia 51.9 bpelec 56.5 bpwast 50.09 bpwast 50 Waste Management Bull percentage bpcomp 56.9 bpprot 50 HiLo 54.31 bpgame 50 bphous 48.4 Housing Bull percentage bpoil 56.4 bpeuro 50 bpfore 54.2 bpreta 47.1 bpchem 48.3 Chemical Bull percentage bpprot 55.9 bpopti 49.17 bplati 53.8 bpaero 46.8 bpguti 48.2 Gas Utilities Bull percentage bpwast 55.6 bpreta 47.3 10week 53.65 30week 46.45 bpdrug 48.2 Drug Bull percentage bpheal 53.8 bpheal 46.6 bptele 52.3 bpeuro 45.9 bpasia 48.1 Asia Bull percentage bpasia 52.9 bpwast 46.3 bpasia 51.9 bphous 45.3 bpgame 47.5 Gaming Bull percentage bpinet 50.14 bpbusi 45.2 bphous 50.4 bpguti 44.6 bpeuro 47.4 Europe Bull percentage bpbusi 49.1 bpelec 44.3 bpreta 49.6 bpnyse 44.5 bpreta 47.1 Retail Restaurant Bull percentage bpaero 47.5 bpgame 43.9 bpcomp 49.2 bpfood 43.9 bpinsu 46.7 Insurance Bull percentage bpotc 44.1 bphous 43.8 bpopti 48.77 bpchem 43.2 bpfood 45.3 Food, Beverages, Soap Bull percentage bpgame 43.9 HiLo 42.16 bpmedi 48.4 bplati 42.3 bpnyse 45.1 NEW YORK STOCK EXCHG. Bull percentages bpdrug 43.2 bpmedi 41.9 bpwast 48.1 bprest 42.1 bprest 44.7 Restaurant Bull percentage bpguti 38.6 bpcomp 41.9 bpheal 48.1 bpmach 41.5 bpauto 42.9 Automobile Bull percentage bpleis 38.5 bpguti 40.4 bpsoft 48 bpprot 40 bpmedi 42.6 Media Bull percentage bpmach 37.91 bpdrug 40.2 bpgame 47.5 bpfina 38.9 bpmach 42.6 Machinery and tools Bull percentage bphous 37.2 bptele 39.4 bpotc 47.3 bpleis 37.6 bpelec 42.1 Electronics Bull percentage bpmedi 35.5 bpnyse 39.4 bpinsu 46.3 bpauto 37.4 bpopti 42.07 LEADING INDICATOR #2 Options bull percentage bpopti 35.09 30week 39.22 bpbusi 45.2 bpwall 37.3 bpleis 40.6 leisure Bull percentage bpreta 34.1 bpmach 38.9 bpguti 43.9 bpmedi 37.2 bplati 40.4 Latin America Bull percentage bprest 33.8 bpsoft 38.8 bpdrug 43.8 bpbusi 36.8 bpbusi 40.4 Business Products Bull percentage bptext 32.9 bpleis 38.8 bpnyse 43.7 bpmeta 36.6 bpprot 40 Protection Safety Equipment BP bpnyse 32.7 bpfood 38.2 bpmach 43.2 bptext 36.1 bpfina 40 Financial Bull percentage bpfood 32.2 bprest 37.7 bpleis 42.7 bpbuil 35.9 bpwall 39.2 Wall Street Bull percentage bpauto 31.5 bpauto 37 bpchem 42.7 bpopti 34.19 bpmeta 38 Metal Non 10week 30.82 bpbuil 36.8 bpfina 41.7 bpdrug 33.6 bptext 37.8 Textile Bull percentage HiLo 30.46 bpfina 36.5 bpmeta 40.8 bpheal 32.8 bpheal 37.5 Health Care Bull percentage bpfina 30.2 bptext 36.3 30week 40.18 bpstee 32.5 bpbuil 37.3 Building Bull percentage 30week 29.65 bpmeta 36.1 bprest 39.5 bpreal 30.7 bpotc 35.4 OVER-THE-COUNTER Bull percentage bpmeta 29.3 bpotc 35.1 bpauto 39.1 bpelec 29.8 bpreal 35.2 Real Estate Restaurant Bull percentage bpfore 29.2 bpchem 33.3 bpfood 37.9 bptran 29.3 bptran 34.1 Transportation/Non Air Bull percentage bpchem 29.2 bptran 32.9 bpbuil 37.7 bpbank 25.9 bpsemi 34.1 Semiconductor Bull percentage bpprec 27.9 bpinsu 32.9 bptext 37.5 bpotc 25.7 bpstee 32.5 Steel/Iron Bull percentage bpreal 27.2 bpsemi 32.3 bpbiom 35.7 bpprec 25.6 bpbiom 32.5 Biomedics/Genetics Bull percentage bpbuil 27.1 bpstee 30.8 bpinet 35.54 bpeuti 25 bpeuti 28.2 Electric Utilities Bull percentage bpeuti 27 bpeuti 28.4 bptran 34.1 bpsavi 23.9 bpbank 27.5 Banking Bull percentage bptran 25 bpreal 27.9 bpreal 30.7 bpcomp 18.3 bpprec 26.2 Precious Metals Bull percentage bpstee 25 bpprec 27.9 bpstee 28.2 bptele 16.4 bpsavi 25 Savings and Loans Bull percentage bpbiom 25 bpinet 22.37 bpprec 27.9 bpbiom 10.3 bpcomp 23.3 Computer Bull percentage bpinsu 19.3 bpsavi 20 bpeuti 25 bpsoft 9.6 bptele 22 Telephone Bull percentage bpsavi 16.7 bpbank 20 bpbank 24.7 bpsemi 5.5 bpsoft 19.9 Software Bull percentage bpbank 9.8 bpbiom 14.9 bpsavi 22.5 bpinet 4.06 bpinet 11.42 Internet Bull percentage |