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


To: Les H who wrote (63884)12/7/2000 7:07:12 AM
From: Haim R. Branisteanu  Respond to of 99985
 
Analysis of end of Day Closing prices and recommendations in
Summers & Uncle Al Tulips Market,or the Den of Thieves & Swindlers

This is the most effective list, but validate signals. Results
are relative to the SPX and move relative to the SPX - Haim
see more data & info including stock charts from this scan at:
home.nyc.rr.com
and also see Today Charts who are updated every several days

Today is 12/06/100 Remember this is a computer scan only

S&P Closed 1351.45
S&P Change -25.100

Recomandation Price Stoch. RSI RSI RS
Change ROC%

BUY SIGNAL ON ELT 4.313 10.616 22 -1 878
BUY SIGNAL ON IRIC 4.188 25.700 41 3 88
SELL SIGNAL ON S 35.810 91.165 68 0 -105
BUY SIGNAL ON PIXR 26.625 9.630 36 0 31
BUY SIGNAL ON AVX 19.125 10.394 34 1 4
BUY SIGNAL ON CRA 42.813 11.766 37 4 4



To: Les H who wrote (63884)12/7/2000 8:49:12 AM
From: Les H  Respond to of 99985
 
Market/Sector Breadth Journal: December 6, 2000 (3847 stocks)

percent stocks over MA highs/lows highs/lows highs/lows
market 10 d 21 d 50 d 200d 10-days 20-days 1-year
---------------------- ---- ---- ---- ---- ---------- ---------- ----------
Dec 6 50 38 37 37 462 - 515 265 - 443 102 - 207
Dec 5 57 42 39 38 933 - 292 527 - 242 171 - 116
Dec 4 36 30 32 35 424 - 802 299 - 685 88 - 345
Dec 1 36 30 33 35 407 - 529 246 - 455 76 - 208
Nov 30 26 25 30 32 303 - 1559 214 - 1356 92 - 585
Nov 29 31 28 33 35 356 - 1218 233 - 1052 98 - 455
Nov 28 30 28 33 36 268 - 1143 181 - 966 70 - 411
Nov 27 40 34 36 38 459 - 567 273 - 449 90 - 192
Nov 24 38 34 35 37 386 - 351 242 - 262 66 - 106
Nov 17 37 43 39 40 399 - 766 289 - 501 92 - 192
Nov 10 29 45 36 40 192 - 1081 150 - 585 47 - 222
Nov 3 71 68 46 45 845 - 200 599 - 134 113 - 46
Oct 31 68 59 41 43 1231 - 186 732 - 143 151 - 60

Nasdaq 100

percent stocks over MA highs/lows highs/lows highs/lows
market 10 d 21 d 50 d 200d 10-days 20-days 1-year
---------------------- ---- ---- ---- ---- ---------- ---------- ----------
Dec 6 2743 57 36 26 27 11 - 12 6 - 10 2 - 6
Dec 5 2852 72 50 36 28 37 - 5 15 - 4 2 - 2
Dec 4 2554 27 17 17 21 11 - 15 9 - 15 1 - 9
Dec 1 2549 25 17 16 18 7 - 17 4 - 16 0 - 4
Nov 30 2506 16 12 15 15 3 - 46 3 - 38 0 - 12
Nov 29 2602 25 20 21 18 8 - 36 4 - 30 2 - 8
Nov 28 2621 15 15 20 21 2 - 46 1 - 41 1 - 13
Nov 27 2769 38 26 30 25 9 - 17 3 - 13 1 - 2
Nov 24 2830 49 32 31 22 9 - 1 3 - 1 1 - 1
Nov 17 2934 34 31 30 26 7 - 20 5 - 16 2 - 2
Nov 10 2890 13 31 24 25 2 - 45 1 - 25 0 - 7
Nov 3 3321 76 68 42 38 17 - 3 12 - 2 4 - 1
Oct 31 3282 68 60 39 38 34 - 2 25 - 1 3 - 0

S & P 100

percent stocks over MA highs/lows highs/lows highs/lows
market 10 d 21 d 50 d 200d 10-days 20-days 1-year
---------------------- ---- ---- ---- ---- ---------- ---------- ----------
Dec 6 717 54 52 58 57 14 - 19 8 - 12 3 - 6
Dec 5 732 73 70 63 60 37 - 8 20 - 6 3 - 2
Dec 4 701 55 47 56 55 26 - 12 20 - 8 4 - 6
Dec 1 695 48 46 56 50 12 - 15 5 - 14 1 - 3
Nov 30 697 44 39 53 46 13 - 31 9 - 25 5 - 7
Nov 29 712 52 52 57 52 23 - 18 15 - 13 7 - 2
Nov 28 708 43 35 56 52 12 - 22 11 - 13 5 - 4
Nov 27 714 40 38 54 52 16 - 14 11 - 7 2 - 3
Nov 24 711 39 42 53 51 8 - 5 7 - 3 4 - 0
Nov 17 725 43 52 58 51 13 - 15 12 - 8 3 - 3
Nov 10 719 37 64 55 55 12 - 24 9 - 10 2 - 3
Nov 3 751 74 72 59 58 18 - 2 13 - 1 2 - 0
Oct 31 750 82 68 57 57 46 - 1 27 - 0 6 - 0

AIQ market log (buy - sell ratios of signals)

Unconfirmed Signals (US)
market DJIA SPX OTC Universe OEX NDX
---------------------- ------ ----- ----- -------- -------- --------
Dec 6 10,664 1351 2796 43 - 57 50 - 50 33 - 67
Dec 5 10,898 1376 2889 50 - 50 43 - 57 40 - 60
Dec 4 10,560 1324 2615 76 - 24 67 - 33 100 - 0
Dec 1 10,373 1315 2645 79 - 21 56 - 44 100 - 0
Nov 30 10,414 1314 2597 84 - 16 60 - 40 100 - 0
Nov 29 10,629 1341 2706 82 - 18 43 - 57 100 - 0
Nov 28 10,507 1336 2734 80 - 20 50 - 50 100 - 0
Nov 27 10,546 1348 2880 77 - 23 64 - 36 100 - 0
Nov 24 10,470 1341 2904 84 - 16 64 - 36 100 - 0
Nov 17 10,629 1367 3027 70 - 30 44 - 56 62 - 38
Nov 10 10,603 1365 3028 54 - 46 14 - 86 67 - 33
Nov 3 10,818 1426 3451 11 - 89 0 -100 0 -100
Oct 31 10,971 1429 3369 22 - 78 0 -100 8 - 92

December 6

Weighted Action List (WAL) Unconfirmed Signals (US)

Universe 76 - 24 43 - 57
OEX 52 - 48 50 - 50
NDX 97 - 3 33 - 67

Nine Month Cycle

cycle tendencies
10-week 20-week 40-week SPX change high low
May 24 start start start 1361 none
Jun 16 green green green 1464 +103 1483 1361
Jul 10 yellow green green 1464 + 11 1488 1436
Aug 2 red yellow green 1438 - 26 1517 1414
Aug 25 green yellow green 1506 + 68 1513 1426
Sep 15 yellow red yellow 1465 - 38 1530 1436
Oct 11 red red yellow 1364 - 99 1461 1349
Nov 3 green green yellow 1426 + 62 1433 1305
Nov 27 yellow green yellow 1348 - 78 1438 1321
Dec 20 red yellow red 1351 + 3 1376 1294
Jan 12 green yellow red ???? ???? xmas rally
Feb 03 yellow red red ???? ???? final lows
Feb 28 red red red ???? ???? final lows



To: Les H who wrote (63884)12/7/2000 1:22:27 PM
From: Les H  Respond to of 99985
 
Investors scramble to place bets on Cisco
Trading volumes soar: CEO predicts Cisco will 'break away' from competitors

Simon Avery
Financial Post
SAN JOSE, Calif. - Trading volumes have been double their norm for Cisco Systems Inc. in the past five sessions. Investors are placing big bets on whether the technology bellwether can recover from a steep slide that had knocked as much as 45% off the network equipment maker's stock price since its US$82 high last March.

In heavy trading yesterday, Cisco shares (CSCO/NASDAQ) slipped 11/16 to close at US$51 7/16.

The bears see an economic slowdown that threatens to stall the buildout of the Internet and related networks. They are also concerned about warnings from big telecommunications companies who say they will trim their capital spending plans in light of falling revenue, rising costs and less access to borrowed money.

The bulls side with John Chambers, Cisco's evangelical president and chief executive, who on Monday remained steadfast in his earlier guidance that the company will see last year's sales of US$18.3-billion increase between 50% and 60% in the 2001 fiscal year ending in July.

"I have never been more optimistic about the market," Mr. Chambers told 500 industry and financial analysts at an annual company event in San Jose this week. He put the odds at 70-30 that Cisco will "break away" from competitors like Nortel Networks and Lucent Technologies in the coming quarters, due in large part to a fundamental change in the market on which, he says, Cisco is best suited to capitalize.

As networks grow more complex, customers are moving toward single suppliers that can provide end-to-end products.

The shift, Mr. Chambers said, will favour a few large players over more specialized competitors like Juniper Networks, which makes high-end routers (devices that decide which direction to send information along networks) and Ciena, which makes optical equipment.

Mr. Chambers claims Cisco has the broadest range of products, with 12 lines producing more than US$1-billion each in revenue. If the company executes right in the next year, it will have 24 product lines, each doing more than US$1-billion in sales, he said.

Timothy Smith, principal analyst with the research firm Dataquest, gives Cisco credit for making inroads into the lucrative telecom market, a business previously dominated by Nortel and Lucent. But he says it's overly aggressive to think Cisco will top its two biggest competitors in this space.

Other analysts predict Cisco could see a slowdown in its biggest division, which sells equipment to large businesses building their own internal networks.

Growth has already slowed for Cisco competitors in this area, said Russell Schnurr, a research analyst at the Gartner Group. "The hunch I have is Cisco may be a quarter or two away from slowing down like the rest of the market."

Cisco's enormous market share in the sector has given it some reprieve, but demand for equipment to build local area networks is saturated, while at the low end of the router market there is actually negative growth, Mr. Schnurr said.

A slowing economy and commitments from AT&T, Worldcom, Williams Communications and Bell South to lower their capital expenditures are casting a pall over the entire networking equipment market -- a potential problem Mr. Chambers accepts.

"Make no mistake. If capital expenditure declines, the IT market will get hit," he said. "We are not immune by any means, but we will probably not be affected to the same degree as our competitors."

That's because the bulk of capital spending today is going into the new networks built on Internet protocol, Cisco's specialty, company officials say.

But Mr. Chambers also says spending cuts in Cisco's market will be cushioned by the productivity gains companies are starting to get from their networks.

Many investors and analysts at Cisco's conference this week said the company's credibility remains among the highest in the industry. But in a question and answer session with Mr. Chambers, they voiced a number of concerns, including problems getting products to customers fast enough.

In an effort to reduce lead times, last quarter Cisco boosted inventory by 58.5% to US$1.96-billion.

Another area of concern was Cisco's growing habit of financing its customers so they can buy more equipment. The company has US$2.4-billion set aside today for structured loans, the most risky type of vendor financing.

Tejinder Singh, managing director of New York-based Reliance Capital Management, pointedly asked Mr. Chambers why the company didn't stop financing companies with poor business models. Mr. Chambers said the loans are strategic and help Cisco push into new markets like cable and wireless.