To: Gottfried who wrote (33445 ) 12/9/1999 12:53:00 AM From: Paul V. Read Replies (2) | Respond to of 70976
Gottfried, Please find the DW weekly data. Note, that the only sector in the overbought area (73.1) is the Semiconductor sector (AMAT, etc.) AMAT is the place to be but not to buy at these price according to the sector percentile. How much high the sector can go before reversing now one knows. However, statistically the statistics are against the SEMI's. The oversold sectors (below the 30%) are restaurants(28.8%), saving and loans (28.4%) and waste management (26.8%). Note that the leading indicators, high/lows, 10week and bpopti % are all lower then last week. 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)." Compare against the previous weeks to get the trend. Scroll to the right to get all the data. Percent Percent Percent Percent Percent MARKET, LEADING INDICATORS & 11/9/99 11/16/99 11/23/99 11/30/99 12/7/99 SECTOR BULL PERCENTAGES 10week 45.24 10week 51.43 10week 47.18 10week 41.53 10week 40.11 LEADING INDICATOR #1 10week moving average BP 30week 30.88 30week 35.61 30week 32.5 30week 29.5 30week 29.16 LEADING INDICATOR #4 30week moving average BP bpaero 35.3 bpaero 36.8 bpaero 35.3 bpaero 33.8 bpaero 38.2 Aerospace Bull percentage bpasia 50 bpasia 60 bpasia 62 bpasia 62 bpasia 58.8 Asia Bull percentage bpauto 36.3 bpauto 37 bpauto 34.8 bpauto 33.6 bpauto 38.8 Automobile Bull percentage bpbank 40.8 bpbank 41 bpbank 41.5 bpbank 38.6 bpbank 37.7 Banking Bull percentage bpbiom 48.8 bpbiom 45 bpbiom 48.7 bpbiom 52.9 bpbiom 52.9 Biomedics/Genetics Bull percentage bpbuil 26.5 bpbuil 27.4 bpbuil 29.8 bpbuil 32.7 bpbuil 33.5 Building Bull percentage bpbusi 34.2 bpbusi 37.4 bpbusi 37.8 bpbusi 39.1 bpbusi 41.6 Business Products Bull percentage bpchem 34.3 bpchem 36.3 bpchem 40.6 bpchem 38.6 bpchem 38 Chemical Bull percentage bpcomp 47.5 bpcomp 53.5 bpcomp 57.4 bpcomp 56.9 bpcomp 62.9 Computer Bull percentage bpdrug 50.4 bpdrug 55.8 bpdrug 55.5 bpdrug 57.3 bpdrug 49.6 Drug Bull percentage bpelec 49.8 bpelec 51.8 bpelec 51.6 bpelec 52.2 bpelec 54 Electronics Bull percentage bpeuro 60.7 bpeuro 60.7 bpeuro 58.1 bpeuro 58.1 bpeuro 58.1 Europe Bull percentage bpeuti 40.5 bpeuti 40.5 bpeuti 36.7 bpeuti 28.2 bpeuti 30.8 Electric Utilities Bull percentage bpfina 51 bpfina 49.5 bpfina 51 bpfina 45.5 bpfina 47 Financial Bull percentage bpfood 37.5 bpfood 36.8 bpfood 37.9 bpfood 31.6 bpfood 33.6 Food, Beverages, Soap Bull percentage bpfore 49 bpfore 51 bpfore 51 bpfore 46.9 bpfore 55.1 Forest Products/Soap Bull percentage bpgame 45.2 bpgame 50 bpgame 50 bpgame 50 bpgame 50 Gaming Bull percentage bpguti 54.1 bpguti 60.7 bpguti 56.5 bpguti 56.5 bpguti 54.1 Gas Utilities Bull percentage bpheal 35.5 bpheal 39.8 bpheal 42.9 bpheal 40.2 bpheal 43.2 Health Care Bull percentage bphous 34.8 bphous 35.5 bphous 37.7 bphous 37.2 bphous 37 Housing Bull percentage bpinet 54.85 bpinet 63.87 bpinet 69.17 bpinet 57.37 bpinet 69.03 Internet Bull percentage bpinsu 40.4 bpinsu 40.4 bpinsu 41.3 bpinsu 36.7 bpinsu 33.3 Insurance Bull percentage bplati 40.4 bplati 49 bplati 53.8 bplati 51.9 bplati 55.8 Latin America Bull percentage bpleis 36.9 bpleis 39.8 bpleis 41.4 bpleis 41.4 bpleis 42.7 leisure Bull percentage bpmach 37.8 bpmach 41.2 bpmach 43.3 bpmach 44.3 bpmach 41.2 Machinery and tools Bull percentage bpmedi 62.6 bpmedi 64.6 bpmedi 63.6 bpmedi 57.6 bpmedi 62.6 Media Bull percentage bpmeta 41 bpmeta 44.9 bpmeta 41.6 bpmeta 44.7 bpmeta 45.9 Metal Non bpnyse 40.1 bpnyse 42.4 bpnyse 43.4 bpnyse 41 bpnyse 40.8 NEW YORK STOCK EXCHG. Bull percentages bpoil 39.6 bpoil 47.1 bpoil 51.1 bpoil 44.6 bpoil 40.6 Oil Restaurant Bull percentage bpoils 37.9 bpoils 47.1 bpoils 56.3 bpoils 54.7 bpoils 48.8 Oil Services Restaurant Bull percentage bpopti 51.26 bpopti 53.67 bpopti 52.76 bpopti 51.77 bpopti 50.74 LEADING INDICATOR #2 Options bull percentage bpotc 48.1 bpotc 50.9 bpotc 53.1 bpotc 49.7 bpotc 52.6 OVER-THE-COUNTER Bull percentage bpprec 40 bpprec 40 bpprec 40 bpprec 42.2 bpprec 37.8 Precious Metals Bull percentage bpprot 36.1 bpprot 36.1 bpprot 44.4 bpprot 41.7 bpprot 41.7 Protection Safety Equipment BP bpreal 34.8 bpreal 35.8 bpreal 34.8 bpreal 34.4 bpreal 33 Real Estate Restaurant Bull percentage bprest 30.9 bprest 30.9 bprest 30 bprest 27.5 bprest 28.8 Restaurant Bull percentage bpreta 30.8 bpreta 30.8 bpreta 34.3 bpreta 36.5 bpreta 36.9 Retail Restaurant Bull percentage bpsavi 30 bpsavi 29.3 bpsavi 30 bpsavi 29.3 bpsavi 28.4 Savings and Loans Bull percentage bpsemi 68.1 bpsemi 72.3 bpsemi 69.1 bpsemi 62.8 bpsemi 73.1 Semiconductor Bull percentage bpsoft 51.6 bpsoft 60.5 bpsoft 64.1 bpsoft 62.3 bpsoft 67 Software Bull percentage bpstee 22.2 bpstee 24.4 bpstee 26.7 bpstee 29.5 bpstee 34.1 Steel/Iron Bull percentage bptele 59.6 bptele 66.4 bptele 67.9 bptele 61.5 bptele 64.1 Telephone Bull percentage bptext 38.2 bptext 39.1 bptext 37.2 bptext 33.5 bptext 34.4 Textile Bull percentage bptran 32.2 bptran 35.6 bptran 36.8 bptran 36.8 bptran 36.8 Transportation/Non Air Bull percentage bpwall 39.2 bpwall 43.1 bpwall 45.1 bpwall 33.3 bpwall 35.3 Wall Street Bull percentage bpwast 30.5 bpwast 28.1 bpwast 26.3 bpwast 25 bpwast 26.8 Waste Management Bull percentage HiLo 44.89 HiLo 43.55 HiLo 34.78 HiLo 21.6 HiLo 19.07 LEADING INDICATOR #3 Highs and Lows Bull percentage <b/>NUMERICAL ORDER BELOW Percent Percent Percent Percent Percent MARKET, LEADING INDICATORS & 11/9/99 11/16/99 11/23/99 11/30/99 12/7/99 SECTOR BULL PERCENTAGES bpsemi 68.1 bpsemi 72.3 bpinet 69.17 bpsemi 62.8 bpsemi 73.1 Semiconductor Bull percentage bpmedi 62.6 bptele 66.4 bpsemi 69.1 bpsoft 62.3 bpinet 69.03 Internet Bull percentage bpeuro 60.7 bpmedi 64.6 bptele 67.9 bpasia 62 bpsoft 67 Software Bull percentage bptele 59.6 bpinet 63.87 bpsoft 64.1 bptele 61.5 bptele 64.1 Telephone Bull percentage bpinet 54.85 bpguti 60.7 bpmedi 63.6 bpeuro 58.1 bpcomp 62.9 Computer Bull percentage bpguti 54.1 bpeuro 60.7 bpasia 62 bpmedi 57.6 bpmedi 62.6 Media Bull percentage bpsoft 51.6 bpsoft 60.5 bpeuro 58.1 bpinet 57.37 bpasia 58.8 Asia Bull percentage bpopti 51.26 bpasia 60 bpcomp 57.4 bpdrug 57.3 bpeuro 58.1 Europe Bull percentage bpfina 51 bpdrug 55.8 bpguti 56.5 bpcomp 56.9 bplati 55.8 Latin America Bull percentage bpdrug 50.4 bpopti 53.67 bpoils 56.3 bpguti 56.5 bpfore 55.1 Forest Products/Soap Bull percentage bpasia 50 bpcomp 53.5 bpdrug 55.5 bpoils 54.7 bpguti 54.1 Gas Utilities Bull percentage bpelec 49.8 bpelec 51.8 bplati 53.8 bpbiom 52.9 bpelec 54 Electronics Bull percentage bpfore 49 10week 51.43 bpotc 53.1 bpelec 52.2 bpbiom 52.9 Biomedics/Genetics Bull percentage bpbiom 48.8 bpfore 51 bpopti 52.76 bplati 51.9 bpotc 52.6 OVER-THE-COUNTER Bull percentage bpotc 48.1 bpotc 50.9 bpelec 51.6 bpopti 51.77 bpopti 50.74 LEADING INDICATOR #2 Options bull percentage bpcomp 47.5 bpgame 50 bpoil 51.1 bpgame 50 bpgame 50 Gaming Bull percentage 10week 45.24 bpfina 49.5 bpfore 51 bpotc 49.7 bpdrug 49.6 Drug Bull percentage bpgame 45.2 bplati 49 bpfina 51 bpfore 46.9 bpoils 48.8 Oil Services Restaurant Bull percentage HiLo 44.89 bpoils 47.1 bpgame 50 bpfina 45.5 bpfina 47 Financial Bull percentage bpmeta 41 bpoil 47.1 bpbiom 48.7 bpmeta 44.7 bpmeta 45.9 Metal Non bpbank 40.8 bpbiom 45 10week 47.18 bpoil 44.6 bpheal 43.2 Health Care Bull percentage bpeuti 40.5 bpmeta 44.9 bpwall 45.1 bpmach 44.3 bpleis 42.7 leisure Bull percentage bplati 40.4 HiLo 43.55 bpprot 44.4 bpprec 42.2 bpprot 41.7 Protection Safety Equipment BP bpinsu 40.4 bpwall 43.1 bpnyse 43.4 bpprot 41.7 bpbusi 41.6 Business Products Bull percentage bpnyse 40.1 bpnyse 42.4 bpmach 43.3 10week 41.53 bpmach 41.2 Machinery and tools Bull percentage bpprec 40 bpmach 41.2 bpheal 42.9 bpleis 41.4 bpnyse 40.8 NEW YORK STOCK EXCHG. Bull percentages bpoil 39.6 bpbank 41 bpmeta 41.6 bpnyse 41 bpoil 40.6 Oil Restaurant Bull percentage bpwall 39.2 bpeuti 40.5 bpbank 41.5 bpheal 40.2 10week 40.11 LEADING INDICATOR #1 10week moving average BP bptext 38.2 bpinsu 40.4 bpleis 41.4 bpbusi 39.1 bpauto 38.8 Automobile Bull percentage bpoils 37.9 bpprec 40 bpinsu 41.3 bpchem 38.6 bpaero 38.2 Aerospace Bull percentage bpmach 37.8 bpleis 39.8 bpchem 40.6 bpbank 38.6 bpchem 38 Chemical Bull percentage bpfood 37.5 bpheal 39.8 bpprec 40 bphous 37.2 bpprec 37.8 Precious Metals Bull percentage bpleis 36.9 bptext 39.1 bpfood 37.9 bptran 36.8 bpbank 37.7 Banking Bull percentage bpauto 36.3 bpbusi 37.4 bpbusi 37.8 bpinsu 36.7 bphous 37 Housing Bull percentage bpprot 36.1 bpauto 37 bphous 37.7 bpreta 36.5 bpreta 36.9 Retail Restaurant Bull percentage bpheal 35.5 bpfood 36.8 bptext 37.2 bpreal 34.4 bptran 36.8 Transportation/Non Air Bull percentage bpaero 35.3 bpaero 36.8 bptran 36.8 bpaero 33.8 bpwall 35.3 Wall Street Bull percentage bpreal 34.8 bpchem 36.3 bpeuti 36.7 bpauto 33.6 bptext 34.4 Textile Bull percentage bphous 34.8 bpprot 36.1 bpaero 35.3 bptext 33.5 bpstee 34.1 Steel/Iron Bull percentage bpchem 34.3 bpreal 35.8 bpreal 34.8 bpwall 33.3 bpfood 33.6 Food, Beverages, Soap Bull percentage bpbusi 34.2 30week 35.61 bpauto 34.8 bpbuil 32.7 bpbuil 33.5 Building Bull percentage bptran 32.2 bptran 35.6 HiLo 34.78 bpfood 31.6 bpinsu 33.3 Insurance Bull percentage bprest 30.9 bphous 35.5 bpreta 34.3 bpstee 29.5 bpreal 33 Real Estate Restaurant Bull percentage 30week 30.88 bprest 30.9 30week 32.5 30week 29.5 bpeuti 30.8 Electric Utilities Bull percentage bpreta 30.8 bpreta 30.8 bpsavi 30 bpsavi 29.3 30week 29.16 LEADING INDICATOR #4 30week moving average BP bpwast 30.5 bpsavi 29.3 bprest 30 bpeuti 28.2 bprest 28.8 Restaurant Bull percentage bpsavi 30 bpwast 28.1 bpbuil 29.8 bprest 27.5 bpsavi 28.4 Savings and Loans Bull percentage bpbuil 26.5 bpbuil 27.4 bpstee 26.7 bpwast 25 bpwast 26.8 Waste Management Bull percentage bpstee 22.2 bpstee 24.4 bpwast 26.3 HiLo 21.6 HiLo 19.07 LEADING INDICATOR #3 Highs and Lows Bull percentage