Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (58164)	8/13/2000 10:36:04 AM
From: Les H	Read Replies (1) \| Respond to of 99985

credit crunch smh.com.au less a credit crunch than Amazonesque credit quality

To: Les H who wrote (58164)	8/13/2000 11:23:22 AM
From: briskit	Read Replies (2) \| Respond to of 99985

Les, can you give any word of interpretation to these numbers? Maybe 40% of the sectors are above the 200dma. Of course since Apr 14 all the numbers are improving (no big surprise there), with the DOW looking sterling. But what do you make of current levels from comparative history, or the new economy, etc.? TIA

To: Les H who wrote (58164)	8/15/2000 2:09:50 AM
From: Les H	Read Replies (1) \| Respond to of 99985

Abbreviated Market/Sector Breadth Journal: August 14, 2000 (4108 stocks) Most improved sectors in 10-day HILO, 20-day HILO Electronics 79-35 up from 51-39, 12-32 up from 8-37 Semiconductor 43-13 up from 20-20, 2-13 up from 1-19 Software 39-24 up from 25-25, 15-19 up from 9-21 Retail 44-18 up from 38-15, 26-12 up from 22-13 AIQ market log (buy - sell ratios of signals) The unconfirmed signals moved to 44% buys from 52% buys on a continuation of the trend from the 84% buys on July 28. If the Nasdaq breadth improves to near 2-1 and NYSE continues strong, should reach 80% sells for a likely intermediate-term top in another two or three days. Weighted Action List (WAL) Unconfirmed Signals (US) Universe of stocks 72 - 28 44 - 56 S&P 100 50 - 50 8 - 92 Nasdaq 100 76 - 24 50 - 50