Big Bucks, Gottfried and All,
Following are the Bull Percentages as sorted, first, according to the
sector, market and leading indicators and, then, according to their
numerical ranking. Note that I have posted only the last 4 weeks of
data rather than going back to February 17, 1998. Those who wish to
go further back can go to my portfolio and retrieve my earlier post
prior to this week.
NOTE: The NYSE, OTC, 10WEEK, 30 WEEK, OPTIONS, SEMI'S, have all
reversed up. The SOX has also reversed up with a DW double top at 220
from its low of 195. The only leading indicator which has not
reversed is the high/lows which is currently at 8.20% from its low of
4.60.
Does this mean that we are continue to move in a new bull market? It
appears that the leading indicators have continued moving upward this
week. Just compare with the previous years of 1974, 1987, 1990 after
we had a bear market. During those years the above indicators went to
the 65% plus DW percentages from the lows.
What are your observations and opinions after an analysis?
Naturally, the above is only my opinions and the data which I have
reviewed from the Dorsey Wright site. Readers are reminded the old
saving, "caveat emptor (buyer/reader beware)."
Paul V.
SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent
9/1/98 9/8/98 9/15/98 9/22/98
10week 8.25 10week 13.57 10week 19.42 10week 27.76
30week 11.53 30week 14.37 30week 21 30week 16.09
bpaero 4.3 bpaero 3.3 bpaero 17.6 bpaero 17.6
bpasia 2.2 bpasia 8.9 bpasia 8.9 bpasia 8.9
bpauto 17 bpauto 15 bpauto 17.8 bpauto 17.8
bpbank 11.7 bpbank 14.9 bpbank 19.9 bpbank 19.9
bpbiom 7.3 bpbiom 13.3 bpbiom 21.2 bpbiom 21.2
bpbuil 14.8 bpbuil 14.2 bpbuil 17 bpbuil 17
bpbusi 9.5 bpbusi 12.7 bpbusi 14.5 bpbusi 14.5
bpchem 10.4 bpchem 9.6 bpchem 12.2 bpchem 12.2
bpcomp 8 bpcomp 15 bpcomp 19.6 bpcomp 19.6
bpdrug 7.5 bpdrug 17.7 bpdrug 25.7 bpdrug 25.7
bpelec 5.9 bpelec 9 bpelec 12.1 bpelec 12.1
bpeuro 29.6 bpeuro 37 bpeuro 37 bpeuro 37
bpeuti 69 bpeuti 65.9 bpeuti 67.1 bpeuti 67.1
bpfina 12.6 bpfina 14 bpfina 27 bpfina 27
bpfood 21.1 bpfood 22.6 bpfood 24.6 bpfood 24.6
bpfore 11.1 bpfore 13 bpfore 12.7 bpfore 12.7
bpgame 16.4 bpgame 16.4 bpgame 16.4 bpgame 16.4
bpguti 32 bpguti 30.7 bpguti 32 bpguti 32
bpheal 11.8 bpheal 17.1 bpheal 20.4 bpheal 27.9
bphous 14.3 bphous 16.8 bphous 20.3 bphous 20.3
bpinsu 21.3 bpinsu 22.9 bpinsu 29.1 bpinsu 29.1
bpintl na bpintl na bpintl na bpintl na
bplati 1.9 bplati 3.8 bplati 11.3 bplati 11.3
bpleis 9.8 bpleis 10.3 bpleis 11.2 bpleis 11.2
bpmach 16.5 bpmach 18 bpmach 17.6 bpmach 17.6
bpmedi 22.8 bpmedi 24.4 bpmedi 22.8 bpmedi 22.8
bpmeta 5.1 bpmeta 7.7 bpmeta 6.4 bpmeta 6.4
bpnyse 14.7 bpnyse 17.2 bpnyse 22 bpnyse 25
bpoil 7.1 bpoil 8.8 bpoil 18 bpoil 18
bpoils 6.5 bpoils 15.9 bpoils 29.9 bpoils 29.9
bpopti 8.67 bpopti 16.24 bpopti 24.72 bpopti 24.72
bpotc 9.46 bpotc 16.2 bpotc 20.7 bpotc 20.7
bpprec 3.4 bpprec 12.1 bpprec 19 bpprec 19
bpreal 23 bpreal 21 bpreal 18.9 bpreal 18.9
bprest 12.7 bprest 12.9 bprest 14 bprest 14
bpreta 16.7 bpreta 19.8 bpreta 23.5 bpreta 23.5
bpsavi 15.5 bpsavi 18.1 bpsavi 20.7 bpsavi 20.7
bpsemi 4.7 bpsemi 13.2 bpsemi 15 bpsemi 15
bpsoft 9.7 bpsoft 16.4 bpsoft 21.2 bpsoft 25.2
bpstee 5.6 bpstee 7 bpstee 7 bpstee 7
bptele 9.7 bptele 16.3 bptele 19 bptele 19.3
bptext 14.3 bptext 12.5 bptext 13.4 bptext 13.4
bptrans 10.6 bptrans 14.9 bptrans 16 bptrans 16
bpwall 19 bpwall 20.7 bpwall 27.6 bpwall 27.6
bpwast 20.2 bpwast 19.3 bpwast 22.7 bpwast 22.7
HiLo 9 HiLo 5.3 HiLo 4.64 HiLo 8.2
NUMERICAL ORDER
SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent
9/1/98 9/8/98 9/15/98 9/22/98
bpeuti 69 bpeuti 65.9 bpeuti 67.1 bpeuti 67.1
bpguti 32 bpeuro 37 bpeuro 37 bpeuro 37
bpeuro 29.6 bpguti 30.7 bpguti 32 bpguti 32
bpreal 23 bpmedi 24.4 bpoils 29.9 bpoils 29.9
bpmedi 22.8 bpinsu 22.9 bpinsu 29.1 bpinsu 29.1
bpinsu 21.3 bpfood 22.6 bpwall 27.6 bpheal 27.9
bpfood 21.1 bpreal 21 bpfina 27 10week 27.76
bpwast 20.2 bpwall 20.7 bpdrug 25.7 bpwall 27.6
bpwall 19 bpreta 19.8 bpopti 24.72 bpfina 27
bpauto 17 bpwast 19.3 bpfood 24.6 bpdrug 25.7
bpreta 16.7 bpsavi 18.1 bpreta 23.5 bpsoft 25.2
bpmach 16.5 bpmach 18 bpmedi 22.8 bpnyse 25
bpgame 16.4 bpdrug 17.7 bpwast 22.7 bpopti 24.72
bpsavi 15.5 bpnyse 17.2 bpnyse 22 bpfood 24.6
bpbuil 14.8 bpheal 17.1 bpsoft 21.2 bpreta 23.5
bpnyse 14.7 bphous 16.8 bpbiom 21.2 bpmedi 22.8
bptext 14.3 bpsoft 16.4 30week 21 bpwast 22.7
bphous 14.3 bpgame 16.4 bpsavi 20.7 bpbiom 21.2
bprest 12.7 bptele 16.3 bpotc 20.7 bpsavi 20.7
bpfina 12.6 bpopti 16.24 bpheal 20.4 bpotc 20.7
bpheal 11.8 bpotc 16.2 bphous 20.3 bphous 20.3
bpbank 11.7 bpoils 15.9 bpbank 19.9 bpbank 19.9
30week 11.53 bpcomp 15 bpcomp 19.6 bpcomp 19.6
bpfore 11.1 bpauto 15 10week 19.42 bptele 19.3
bptrans 10.6 bptrans 14.9 bptele 19 bpprec 19
bpchem 10.4 bpbank 14.9 bpprec 19 bpreal 18.9
bpleis 9.8 30week 14.37 bpreal 18.9 bpoil 18
bptele 9.7 bpbuil 14.2 bpoil 18 bpauto 17.8
bpsoft 9.7 bpfina 14 bpauto 17.8 bpmach 17.6
bpbusi 9.5 10week 13.57 bpmach 17.6 bpaero 17.6
bpotc 9.46 bpbiom 13.3 bpaero 17.6 bpbuil 17
HiLo 9 bpsemi 13.2 bpbuil 17 bpgame 16.4
bpopti 8.67 bpfore 13 bpgame 16.4 30week 16.09
10week 8.25 bprest 12.9 bptrans 16 bptrans 16
bpcomp 8 bpbusi 12.7 bpsemi 15 bpsemi 15
bpdrug 7.5 bptext 12.5 bpbusi 14.5 bpbusi 14.5
bpbiom 7.3 bpprec 12.1 bprest 14 bprest 14
bpoil 7.1 bpleis 10.3 bptext 13.4 bptext 13.4
bpoils 6.5 bpchem 9.6 bpfore 12.7 bpfore 12.7
bpelec 5.9 bpelec 9 bpchem 12.2 bpchem 12.2
bpstee 5.6 bpasia 8.9 bpelec 12.1 bpelec 12.1
bpmeta 5.1 bpoil 8.8 bplati 11.3 bplati 11.3
bpsemi 4.7 bpmeta 7.7 bpleis 11.2 bpleis 11.2
bpaero 4.3 bpstee 7 bpasia 8.9 bpasia 8.9
bpprec 3.4 HiLo 5.3 bpstee 7 HiLo 8.2
bpasia 2.2 bplati 3.8 bpmeta 6.4 bpstee 7
bplati 1.9 bpaero 3.3 HiLo 4.64 bpmeta 6.4
bpintl na bpintl na bpintl na bpintl na |
