Big fly on windshield:
decisionpoint.com
The market & A/D line were decoupled between 11/98 and last July. Note the decoupling between 1/97 and 9/97
decisionpoint.com
Bottom line - I'll follow the P&F indicators when they turn but I don't expect them to turn until we correct some more.
For practice, here's some VALUEable fa stocks. You may want to get a LINE on ONE of these big and small cap stocks:
ABFS,ADBE,ADCT,ADI,ADRX,ADVP,ADVS,AEOS,AFFX,AFWY,ALGX,ALTR, AMAT,AMGN,AOL,APH,APPB,ARTC,ARTI,AZR,BBY,BC,BFT,BGEN,BLM, BMC,BMCS,BVF,BYD,CA,CAMP,CC,CD,CDCO,CDI,CDWC,CHK,CKFR,COB, COLM,COVB,CPWM,CPWR,CREE,CRK,CSCO,CSDS,CSTR,CTS,CTSI,CTV, CUNO,CXR,DEBS,DECK,DELL,DGX,DIGE,DRYR,DSCP,DTG,EMC,ESST, EXDS,FAST,GCO,GCR,GEHL,GGNS,GMST,GOAL,GSB,GTW,HDL,HVT,HWP, IAAI,IDPH,IMN,IMNX,INPH,INTU,ISSI,ITWO,IVX,JBL,JDSU,JMED, JNY,KCP,KRON,LCOS,LTXX,LU,LXK,MACR,MATR,MCHP,MEDI,MLI,MNMD, MPS,MTW,MWL,MXT,NCI,NERX,NOK,NT,NTAP,NTRX,OATS,OCA,OCLI, OCQ,ODSI,OPEN,ORCL,OTRKB,PAR,PCLE,PEGA,PENN,PKE,PLMD,PMCS, POG,POSS,PRGX,PRX,PSUN,QCOM,QLGC,RADS,RAYS,RELM,RENT,ROAD, ROP,RRC,SANM,SAWS,SCH,SEBL,SFA,SFX,SFY,SGR,SIDE,SIGM,SIVB, SJT,SLR,SONC,SPGLA,SRM,STLD,STN,STTX,SUNW,SYMC,TAN,TBA,TBL, TFS,THOR,TIF,TLAB,TMBR,TNL,TPS,TSII,TTN,TWRI,TXN,TYC,UIS, UNH,UNO,USFC,USFS,USON,VISX,VPHM,VSCI,VTSS,WAT,WGO,WGR, WJCO,WND,WPPGY,WSM,WSTL,XICO,XLNX,YHOO,YNR,ZD,ZRAN
The hi/lo numbers and A/D numbers were horrendous today, especially considering how the indexes advanced.
FWIW, Dick |