To: Gottfried who wrote (33216 ) 11/17/1999 5:03:00 PM From: Paul V. Read Replies (1) | Respond to of 70976
Gottfried, Tito, Lester E, Brian, Big Bucks, John and Threaders. Check the great DW bull percentage data that we have been seeing since the sector lows of 10/19/99. The good news is AMAT and SEMI's are doing great. The bad news is the SEMI sector is in the oversold area (above 70 percentile). However, the recent bull percentage high for the Semiconductor sector was 86% according to the DW data chart. I have indicated the meaning of the symbols (10week, hilo,bpnyse, bpotc, bpaero, etc) for those of you who are new to the site. Hope it helps in our investing. It sure has help me in timing my buys and sells along with what sectors to buy in. Individuals can can go to dorseywright.com (for a 2 week free trial) to log on to the Dorsey Wright site and retrieve the charts which I have listed by keying in the symbols, ie. 10week, hilo, bpopti, bpsemi, bpnyse, bpotc, bpcomp, etc. Then all you is update them weekly as I post the data. DW recently posted that, historically, the best time for stocks was from the lows in the middle of October thru May. This is something worth noting since Abby Cohen just indicated that she expects the S & P 500 to hit approximately 1450 by the Summer of 2000. IMO, with China and the US getting an aggreement AMAT and the SEMI's, CSCO, LU should be great. Whatever the Y2K event or non/event will have no one knows. But according to the current charts it looks more as a non event rather than an event. However, there are others on this site who have a better knowledge on this matter than I do. 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 SCROLL TO THE RIGHT TO GET ALL THE DATA Percent Percent Percent Percent Percent Percent Percent MARKET, LEADING INDICATORS & 10/5/99 10/12/99 10/19/99 10/26/99 11/2/99 11/9/99 11/16/99 SECTOR BULL PERCENTAGES 10week 27.94 10week 27.9 10week 19.56 10week 25.27 10week 41.85 10week 45.24 10week 51.43 LEADING INDICATOR #1 10week moving average BP 30week 29.83 30week 28.45 30week 23.2 30week 23.57 30week 29.9 30week 30.88 30week 35.61 LEADING INDICATOR #4 30week moving average BP bpaero 26.4 bpaero 29.6 bpaero 28.2 bpaero 30 bpaero 33.3 bpaero 35.3 bpaero 36.8 Aerospace Bull percentage bpasia 52 bpasia 52 bpasia 46 bpasia 48 bpasia 50 bpasia 50 bpasia 60 Asia Bull percentage bpauto 31.6 bpauto 33.3 bpauto 33.3 bpauto 34.3 bpauto 35.9 bpauto 36.3 bpauto 37 Automobile Bull percentage bpbank 31.9 bpbank 32.9 bpbank 31.3 bpbank 32.8 bpbank 41 bpbank 40.8 bpbank 41 Banking Bull percentage bpbiom 50.4 bpbiom 52.9 bpbiom 40.5 bpbiom 40.5 bpbiom 44.6 bpbiom 48.8 bpbiom 45 Biomedics/Genetics Bull percentage bpbuil 29.4 bpbuil 28.8 bpbuil 27.1 bpbuil 25.9 bpbuil 25.9 bpbuil 26.5 bpbuil 27.4 Building Bull percentage bpbusi 33 bpbusi 33.9 bpbusi 30.8 bpbusi 30.5 bpbusi 31.1 bpbusi 34.2 bpbusi 37.4 Business Products Bull percentage bpchem 33 bpchem 31.1 bpchem 26.2 bpchem 26.2 bpchem 28.2 bpchem 34.3 bpchem 36.3 Chemical Bull percentage bpcomp 36.3 bpcomp 39 bpcomp 33.3 bpcomp 35.5 bpcomp 40.8 bpcomp 47.5 bpcomp 53.5 Computer Bull percentage bpdrug 42.3 bpdrug 44.7 bpdrug 39.3 bpdrug 44.3 bpdrug 42.1 bpdrug 50.4 bpdrug 55.8 Drug Bull percentage bpelec 50.9 bpelec 52.6 bpelec 44.2 bpelec 43.3 bpelec 43.8 bpelec 49.8 bpelec 51.8 Electronics Bull percentage bpeuro 55.6 bpeuro 53.6 bpeuro 53.6 bpeuro 53.6 bpeuro 53.6 bpeuro 60.7 bpeuro 60.7 Europe Bull percentage bpeuti 43 bpeuti 42 bpeuti 40 bpeuti 38 bpeuti 40.5 bpeuti 40.5 bpeuti 40.5 Electric Utilities Bull percentage bpfina 38.2 bpfina 45 bpfina 36.1 bpfina 35.8 bpfina 45.8 bpfina 51 bpfina 49.5 Financial Bull percentage bpfood 35.6 bpfood 35.6 bpfood 30.8 bpfood 33.5 bpfood 35.7 bpfood 37.5 bpfood 36.8 Food, Beverages, Soap Bull percentage bpfore 32 bpfore 34 bpfore 38 bpfore 38 bpfore 44.4 bpfore 49 bpfore 51 Forest Products/Soap Bull percentage bpgame 41.9 bpgame 41.9 bpgame 37.2 bpgame 41.9 bpgame 45.2 bpgame 45.2 bpgame 50 Gaming Bull percentage bpguti 59.4 bpguti 56.3 bpguti 54.7 bpguti 54 bpguti 55.6 bpguti 54.1 bpguti 60.7 Gas Utilities Bull percentage bpheal 35.5 bpheal 36.3 bpheal 32 bpheal 30.6 bpheal 32.1 bpheal 35.5 bpheal 39.8 Health Care Bull percentage bphous 33.3 bphous 36.8 bphous 35 bphous 31.7 bphous 35.5 bphous 34.8 bphous 35.5 Housing Bull percentage bpinet 40.19 bpinet 49.09 bpinet 25.22 bpinet 42.86 bpinet 48.29 bpinet 54.85 bpinet 63.87 Internet Bull percentage bpinsu 26.1 bpinsu 24.1 bpinsu 21.7 bpinsu 25.7 bpinsu 35.8 bpinsu 40.4 bpinsu 40.4 Insurance Bull percentage bplati 46.3 bplati 42.6 bplati 31.5 bplati 34.6 bplati 38.5 bplati 40.4 bplati 49 Latin America Bull percentage bpleis 36.8 bpleis 38 bpleis 29.8 bpleis 32.5 bpleis 35.1 bpleis 36.9 bpleis 39.8 leisure Bull percentage bpmach 27.4 bpmach 32.7 bpmach 33.3 bpmach 33.3 bpmach 34.7 bpmach 37.8 bpmach 41.2 Machinery and tools Bull percentage bpmedi 47 bpmedi 48.5 bpmedi 41.4 bpmedi 45.5 bpmedi 55.6 bpmedi 62.6 bpmedi 64.6 Media Bull percentage bpmeta 52.6 bpmeta 51.3 bpmeta 42.3 bpmeta 39.7 bpmeta 38.5 bpmeta 41 bpmeta 44.9 Metal Non bpnyse 36.1 bpnyse 37.2 bpnyse 32 bpnyse 33.4 bpnyse 38 bpnyse 40.1 bpnyse 42.4 NEW YORK STOCK EXCHG. Bull percentages bpoil 49.3 bpoil 45 bpoil 42.9 bpoil 42.9 bpoil 41 bpoil 39.6 bpoil 47.1 Oil Restaurant Bull percentage bpoils 34.8 bpoils 33.7 bpoils 31.5 bpoils 36 bpoils 37.1 bpoils 37.9 bpoils 47.1 Oil Services Restaurant Bull percentage bpopti 41.72 bpopti 43.1 bpopti 34.47 bpopti 37.58 bpopti 44.74 bpopti 51.26 bpopti 53.67 LEADING INDICATOR #2 Options bull percentage bpotc 43.2 bpotc 45 bpotc 36.3 bpotc 39.2 bpotc 43.4 bpotc 48.1 bpotc 50.9 OVER-THE-COUNTER Bull percentage bpprec 62.2 bpprec 55.6 bpprec 48.9 bpprec 44.4 bpprec 40 bpprec 40 bpprec 40 Precious Metals Bull percentage bpprot 38.9 bpprot 36.1 bpprot 30.6 bpprot 36.1 bpprot 36.1 bpprot 36.1 bpprot 36.1 Protection Safety Equipment BP bpreal 40.3 bpreal 39.3 bpreal 35.8 bpreal 34.2 bpreal 33.7 bpreal 34.8 bpreal 35.8 Real Estate Restaurant Bull percentage bprest 32.5 bprest 32.1 bprest 29.6 bprest 30.9 bprest 30.9 bprest 30.9 bprest 30.9 Restaurant Bull percentage bpreta 34.2 bpreta 37.1 bpreta 33.5 bpreta 32.5 bpreta 34.1 bpreta 30.8 bpreta 30.8 Retail Restaurant Bull percentage bpsavi 33.1 bpsavi 31.1 bpsavi 26.7 bpsavi 26 bpsavi 28.2 bpsavi 30 bpsavi 29.3 Savings and Loans Bull percentage bpsemi 46.3 bpsemi 45.8 bpsemi 25.3 bpsemi 38.3 bpsemi 56.4 bpsemi 68.1 bpsemi 72.3 Semiconductor Bull percentage bpsoft 47.6 bpsoft 46 bpsoft 39.7 bpsoft 43.9 bpsoft 47.7 bpsoft 51.6 bpsoft 60.5 Software Bull percentage bpstee 41.3 bpstee 33.3 bpstee 26.7 bpstee 24.4 bpstee 26.7 bpstee 22.2 bpstee 24.4 Steel/Iron Bull percentage bptele 50.9 bptele 56.9 bptele 49.1 bptele 50.2 bptele 54.4 bptele 59.6 bptele 66.4 Telephone Bull percentage bptext 36.1 bptext 36.5 bptext 35.4 bptext 35 bptext 35.7 bptext 38.2 bptext 39.1 Textile Bull percentage bptran 44.2 bptran 38.4 bptran 34.9 bptran 31 bptran 34.5 bptran 32.2 bptran 35.6 Transportation/Non Air Bull percentage bpwall 25.5 bpwall 22.6 bpwall 15.1 bpwall 23.1 bpwall 35.4 bpwall 39.2 bpwall 43.1 Wall Street Bull percentage bpwast 37.9 bpwast 32.8 bpwast 32.8 bpwast 32.8 bpwast 30.5 bpwast 30.5 bpwast 28.1 Waste Management Bull percentage HiLo 13.6 HiLo 21.4 HiLo 13.59 HiLo 7.71 HiLo 24.71 HiLo 44.89 HiLo 43.55 LEADING INDICATOR #3 Highs and Lows Bull percentageNUMERICAL ORDER BELOW Percent Percent Percent Percent Percent Percent Percent MARKET, LEADING INDICATORS & 10/5/99 10/12/99 10/19/99 10/26/99 11/2/99 11/9/99 11/16/99 SECTOR BULL PERCENTAGES bpprec 62.2 bptele 56.9 bpguti 54.7 bpguti 54 bpsemi 56.4 bpsemi 68.1 bpsemi 72.3 Semiconductor Bull percentage bpguti 59.4 bpguti 56.3 bpeuro 53.6 bpeuro 53.6 bpmedi 55.6 bpmedi 62.6 bptele 66.4 Telephone Bull percentage bpeuro 55.6 bpprec 55.6 bptele 49.1 bptele 50.2 bpguti 55.6 bpeuro 60.7 bpmedi 64.6 Media Bull percentage bpmeta 52.6 bpeuro 53.6 bpprec 48.9 bpasia 48 bptele 54.4 bptele 59.6 bpinet 63.87 Internet Bull percentage bpasia 52 bpbiom 52.9 bpasia 46 bpmedi 45.5 bpeuro 53.6 bpinet 54.85 bpguti 60.7 Gas Utilities Bull percentage bptele 50.9 bpelec 52.6 bpelec 44.2 bpprec 44.4 bpasia 50 bpguti 54.1 bpeuro 60.7 Europe Bull percentage bpelec 50.9 bpasia 52 bpoil 42.9 bpdrug 44.3 bpinet 48.29 bpsoft 51.6 bpsoft 60.5 Software Bull percentage bpbiom 50.4 bpmeta 51.3 bpmeta 42.3 bpsoft 43.9 bpsoft 47.7 bpopti 51.26 bpasia 60 Asia Bull percentage bpoil 49.3 bpinet 49.09 bpmedi 41.4 bpelec 43.3 bpfina 45.8 bpfina 51 bpdrug 55.8 Drug Bull percentage bpsoft 47.6 bpmedi 48.5 bpbiom 40.5 bpoil 42.9 bpgame 45.2 bpdrug 50.4 bpopti 53.67 LEADING INDICATOR #2 Options bull percentage bpmedi 47 bpsoft 46 bpeuti 40 bpinet 42.86 bpopti 44.74 bpasia 50 bpcomp 53.5 Computer Bull percentage bpsemi 46.3 bpsemi 45.8 bpsoft 39.7 bpgame 41.9 bpbiom 44.6 bpelec 49.8 bpelec 51.8 Electronics Bull percentage bplati 46.3 bpotc 45 bpdrug 39.3 bpbiom 40.5 bpfore 44.4 bpfore 49 10week 51.43 LEADING INDICATOR #1 10week moving average BP bptran 44.2 bpoil 45 bpfore 38 bpmeta 39.7 bpelec 43.8 bpbiom 48.8 bpfore 51 Forest Products/Soap Bull percentage bpotc 43.2 bpfina 45 bpgame 37.2 bpotc 39.2 bpotc 43.4 bpotc 48.1 bpotc 50.9 OVER-THE-COUNTER Bull percentage bpeuti 43 bpdrug 44.7 bpotc 36.3 bpsemi 38.3 bpdrug 42.1 bpcomp 47.5 bpgame 50 Gaming Bull percentage bpdrug 42.3 bpopti 43.1 bpfina 36.1 bpfore 38 10week 41.85 10week 45.24 bpfina 49.5 Financial Bull percentage bpgame 41.9 bplati 42.6 bpreal 35.8 bpeuti 38 bpoil 41 bpgame 45.2 bplati 49 Latin America Bull percentage bpopti 41.72 bpeuti 42 bptext 35.4 bpopti 37.58 bpbank 41 HiLo 44.89 bpoils 47.1 Oil Services Restaurant Bull percentage bpstee 41.3 bpgame 41.9 bphous 35 bpprot 36.1 bpcomp 40.8 bpmeta 41 bpoil 47.1 Oil Restaurant Bull percentage bpreal 40.3 bpreal 39.3 bptran 34.9 bpoils 36 bpeuti 40.5 bpbank 40.8 bpbiom 45 Biomedics/Genetics Bull percentage bpinet 40.19 bpcomp 39 bpopti 34.47 bpfina 35.8 bpprec 40 bpeuti 40.5 bpmeta 44.9 Metal Non bpprot 38.9 bptran 38.4 bpreta 33.5 bpcomp 35.5 bpmeta 38.5 bplati 40.4 HiLo 43.55 LEADING INDICATOR #3 Highs and Lows Bull percentage bpfina 38.2 bpleis 38 bpmach 33.3 bptext 35 bplati 38.5 bpinsu 40.4 bpwall 43.1 Wall Street Bull percentage bpwast 37.9 bpnyse 37.2 bpcomp 33.3 bplati 34.6 bpnyse 38 bpnyse 40.1 bpnyse 42.4 NEW YORK STOCK EXCHG. Bull percentages bpleis 36.8 bpreta 37.1 bpauto 33.3 bpauto 34.3 bpoils 37.1 bpprec 40 bpmach 41.2 Machinery and tools Bull percentage bpcomp 36.3 bphous 36.8 bpwast 32.8 bpreal 34.2 bpprot 36.1 bpoil 39.6 bpbank 41 Banking Bull percentage bptext 36.1 bptext 36.5 bpnyse 32 bpfood 33.5 bpauto 35.9 bpwall 39.2 bpeuti 40.5 Electric Utilities Bull percentage bpnyse 36.1 bpheal 36.3 bpheal 32 bpnyse 33.4 bpinsu 35.8 bptext 38.2 bpinsu 40.4 Insurance Bull percentage bpfood 35.6 bpprot 36.1 bpoils 31.5 bpmach 33.3 bptext 35.7 bpoils 37.9 bpprec 40 Precious Metals Bull percentage bpheal 35.5 bpfood 35.6 bplati 31.5 bpwast 32.8 bpfood 35.7 bpmach 37.8 bpleis 39.8 leisure Bull percentage bpoils 34.8 bpfore 34 bpbank 31.3 bpbank 32.8 bphous 35.5 bpfood 37.5 bpheal 39.8 Health Care Bull percentage bpreta 34.2 bpbusi 33.9 bpfood 30.8 bpreta 32.5 bpwall 35.4 bpleis 36.9 bptext 39.1 Textile Bull percentage bphous 33.3 bpoils 33.7 bpbusi 30.8 bpleis 32.5 bpleis 35.1 bpauto 36.3 bpbusi 37.4 Business Products Bull percentage bpsavi 33.1 bpstee 33.3 bpprot 30.6 bphous 31.7 bpmach 34.7 bpprot 36.1 bpauto 37 Automobile Bull percentage bpchem 33 bpauto 33.3 bpleis 29.8 bptran 31 bptran 34.5 bpheal 35.5 bpfood 36.8 Food, Beverages, Soap Bull percentage bpbusi 33 bpbank 32.9 bprest 29.6 bprest 30.9 bpreta 34.1 bpaero 35.3 bpaero 36.8 Aerospace Bull percentage bprest 32.5 bpwast 32.8 bpaero 28.2 bpheal 30.6 bpreal 33.7 bpreal 34.8 bpchem 36.3 Chemical Bull percentage bpfore 32 bpmach 32.7 bpbuil 27.1 bpbusi 30.5 bpaero 33.3 bphous 34.8 bpprot 36.1 Protection Safety Equipment BP bpbank 31.9 bprest 32.1 bpstee 26.7 bpaero 30 bpheal 32.1 bpchem 34.3 bpreal 35.8 Real Estate Restaurant Bull percentage bpauto 31.6 bpsavi 31.1 bpsavi 26.7 bpchem 26.2 bpbusi 31.1 bpbusi 34.2 30week 35.61 LEADING INDICATOR #4 30week moving average BP 30week 29.83 bpchem 31.1 bpchem 26.2 bpsavi 26 bprest 30.9 bptran 32.2 bptran 35.6 Transportation/Non Air Bull percentage bpbuil 29.4 bpaero 29.6 bpsemi 25.3 bpbuil 25.9 bpwast 30.5 bprest 30.9 bphous 35.5 Housing Bull percentage 10week 27.94 bpbuil 28.8 bpinet 25.22 bpinsu 25.7 30week 29.9 30week 30.88 bprest 30.9 Restaurant Bull percentage bpmach 27.4 30week 28.45 30week 23.2 10week 25.27 bpsavi 28.2 bpreta 30.8 bpreta 30.8 Retail Restaurant Bull percentage bpaero 26.4 10week 27.9 bpinsu 21.7 bpstee 24.4 bpchem 28.2 bpwast 30.5 bpsavi 29.3 Savings and Loans Bull percentage bpinsu 26.1 bpinsu 24.1 10week 19.56 30week 23.57 bpstee 26.7 bpsavi 30 bpwast 28.1 Waste Management Bull percentage bpwall 25.5 bpwall 22.6 bpwall 15.1 bpwall 23.1 bpbuil 25.9 bpbuil 26.5 bpbuil 27.4 Building Bull percentage HiLo 13.6 HiLo 21.4 HiLo 13.59 HiLo 7.71 HiLo 24.71 bpstee 22.2 bpstee 24.4 Steel/Iron Bull percentage