To: Les H who wrote (64388 ) 12/23/2000 12:26:19 PM From: Les H Read Replies (2) | Respond to of 99985 Market/Sector Breadth Journal: December 22, 2000 (3778 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 22 41 42 39 37 591 - 338 472 - 269 181 - 157 Dec 21 30 34 35 34 387 - 1111 313 - 869 128 - 520 Dec 20 25 30 32 33 239 - 1709 178 - 1216 88 - 638 Dec 19 35 40 38 36 412 - 1095 325 - 726 124 - 397 Dec 18 37 43 39 37 479 - 762 362 - 587 150 - 330 Dec 15 35 40 37 36 257 - 856 174 - 604 57 - 233 Dec 14 42 43 39 37 244 - 573 140 - 429 39 - 164 Dec 13 57 49 42 39 404 - 414 230 - 216 60 - 133 Dec 12 66 54 44 39 537 - 327 278 - 257 75 - 108 Dec 11 69 57 47 41 1167 - 277 707 - 214 198 - 77 Dec 8 64 50 43 40 1033 - 225 643 - 177 216 - 84 Dec 7 48 39 36 37 418 - 552 263 - 482 106 - 244 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 22 2436 38 38 28 24 10 - 7 5 - 7 0 - 3 Dec 21 2224 12 14 14 15 3 - 37 1 - 25 0 - 15 Dec 20 2210 4 6 8 16 0 - 72 0 - 46 0 - 24 Dec 19 2399 11 26 18 21 1 - 52 1 - 24 0 - 12 Dec 18 2543 25 40 26 24 4 - 16 3 - 9 1 - 7 Dec 15 2549 23 36 21 21 2 - 25 2 - 19 0 - 7 Dec 14 2639 30 40 22 24 2 - 12 2 - 10 0 - 5 Dec 13 2748 59 53 27 31 8 - 5 4 - 4 0 - 3 Dec 12 2863 82 69 36 31 9 - 3 4 - 3 0 - 1 Dec 11 2972 82 71 46 37 51 - 5 24 - 5 0 - 1 Dec 8 2895 75 61 38 33 39 - 2 19 - 1 2 - 0 Dec 7 2719 55 40 25 26 11 - 18 5 - 16 1 - 9 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 22 684 50 46 53 52 20 - 10 17 - 8 4 - 3 Dec 21 668 43 47 52 48 17 - 13 12 - 12 2 - 5 Dec 20 661 36 40 46 47 16 - 39 10 - 29 6 - 11 Dec 19 686 41 53 54 54 18 - 18 10 - 14 2 - 5 Dec 18 694 40 49 57 50 15 - 14 8 - 10 2 - 4 Dec 15 689 23 40 46 48 3 - 32 1 - 20 1 - 3 Dec 14 710 36 47 51 54 5 - 19 2 - 10 1 - 1 Dec 13 720 50 55 58 54 9 - 12 7 - 5 1 - 0 Dec 12 728 59 67 58 57 15 - 4 7 - 2 2 - 0 Dec 11 733 57 58 60 58 21 - 10 16 - 5 1 - 0 Dec 8 727 57 55 58 56 19 - 6 15 - 2 4 - 0 Dec 7 710 51 52 54 55 6 - 15 5 - 10 4 - 4 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 22 10,635 1305 2517 59 - 41 45 - 55 75 - 25 Dec 21 10,487 1274 2340 68 - 32 55 - 45 100 - 0 Dec 20 10,318 1264 2332 69 - 31 58 - 42 100 - 0 Dec 19 10,584 1305 2511 56 - 44 67 - 33 0 -100 Dec 18 10,645 1322 2624 53 - 47 62 - 38 17 - 83 Dec 15 10,435 1312 2653 56 - 44 62 - 38 14 - 86 Dec 14 10,675 1340 2728 46 - 54 56 - 44 14 - 86 Dec 13 10,794 1359 2822 31 - 69 44 - 56 0 -100 Dec 12 10.768 1371 2931 26 - 74 30 - 70 0 -100 Dec 11 10,725 1380 3015 24 - 76 33 - 67 0 -100 Dec 8 10,712 1369 2917 29 - 71 25 - 75 14 - 86 Dec 7 10,617 1343 2752 48 - 52 57 - 43 33 - 67 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 22 Weighted Action List (WAL) Unconfirmed Signals (US) Universe 66 - 34 59 - 41 SPX 61 - 39 43 - 57 OEX 48 - 52 45 - 55 NDX 85 - 15 75 - 25 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 +122 N.A. Jul 10 yellow green green 1475 + 11 1488 + 24 1436 - 28 Aug 2 red yellow green 1438 - 26 1517 + 42 1414 - 61 Aug 25 green yellow green 1506 + 68 1513 + 75 1426 - 12 Sep 15 yellow red yellow 1465 - 38 1530 + 24 1460 - 46 Oct 11 red red yellow 1364 - 99 1467 + 2 1349 -115 Nov 3 green green yellow 1426 + 62 1433 + 67 1305 - 59 Nov 27 yellow green yellow 1348 - 78 1438 + 12 1321 -105 Dec 20 red yellow red 1264 - 84 1389 + 41 1261 - 87 Jan 12 green yellow red 1305 + 41 1305 + 41 1254 - 10 Feb 03 yellow red red ???? ???? final lows Feb 28 red red red ???? ???? final lows 10-week cycle variances extension to high extension to low max average min max average min green +9.0% +6.3% +4.9% -4.3% -2.6% -0.8% yellow +1.6% +1.4% +0.8% -7.4% -4.1% -1.9% red +3.2% +2.1% +0.1% -7.9% -6.1% -4.1% Sector Breadth percent stocks over MA *********** 20-day highs/lows ************ sector (num) 10 d 21 d 50 d 200d 12/22 12/21 12/20 12/19 12/18 ---------------------- ---- ---- ---- ---- --------- --------- --------- --------- --------- Aerospace/Defense (48) 40 38 33 48 5 - 5 2 - 10 0 - 15 2 - 9 3 - 7 Apparel (85) 44 33 42 45 5 - 5 1 - 16 2 - 24 3 - 21 2 - 18 Automotive (36) 33 31 28 8 4 - 3 1 - 6 1 - 16 0 - 10 0 - 3 Banks (112) 89 92 90 83 54 - 0 46 - 1 20 - 5 30 - 0 34 - 0 Biotechnology (157) 24 24 14 17 3 - 11 3 - 62 2 - 74 4 - 32 7 - 27 Building/Constr (105) 51 58 66 51 19 - 10 5 - 14 4 - 18 10 - 10 11 - 11 Chemical (60) 73 73 68 58 18 - 1 13 - 4 5 - 11 8 - 4 4 - 8 Commercial Svcs (176) 47 44 43 35 17 - 15 13 - 30 5 - 32 10 - 29 13 - 35 Computer Svcs (48) 19 19 25 23 1 - 9 1 - 15 0 - 23 1 - 10 3 - 10 Computer Equip (138) 19 17 10 9 2 - 12 0 - 60 0 - 87 1 - 45 3 - 36 Consumer Nondur (38) 42 45 34 29 2 - 2 3 - 6 1 - 11 2 - 8 1 - 7 Drug (ex-Biotech) (93) 34 37 31 51 6 - 9 7 - 16 6 - 30 9 - 13 9 - 12 Electronics (322) 14 19 11 10 3 - 22 2 - 129 3 - 161 4 - 98 3 - 77 Financial (107) 71 77 70 77 38 - 2 26 - 5 14 - 6 19 - 3 26 - 1 Foods (64) 72 72 77 81 15 - 2 10 - 5 2 - 9 7 - 4 5 - 4 Healthcare (93) 68 68 70 73 21 - 6 17 - 10 14 - 12 18 - 5 25 - 6 Household Prods (37) 41 38 41 19 5 - 3 4 - 5 0 - 11 1 - 8 1 - 8 Insurance (92) 61 70 74 80 21 - 0 17 - 3 10 - 16 12 - 5 15 - 4 Internet (262) 12 15 6 2 2 - 29 2 - 119 1 - 148 1 - 98 2 - 69 Leisure (109) 36 38 40 39 7 - 12 7 - 25 2 - 30 8 - 26 6 - 26 Machinery (46) 59 54 50 43 10 - 1 5 - 8 2 - 15 1 - 11 3 - 11 Media (90) 49 51 43 31 18 - 4 4 - 13 0 - 26 9 - 10 9 - 11 Medical Tech (123) 37 39 32 29 9 - 10 6 - 27 1 - 36 6 - 23 11 - 24 Metals (ex-Gold) (72) 47 43 40 35 14 - 4 4 - 9 4 - 13 12 - 13 6 - 8 Oil & Gas (178) 75 76 65 63 43 - 2 25 - 12 13 - 16 61 - 6 65 - 5 Paper Prods & Pkg (44) 77 75 73 50 22 - 1 2 - 6 4 - 0 8 - 3 4 - 3 Real Estate (117) 53 70 76 68 19 - 2 18 - 3 16 - 4 35 - 1 50 - 1 Retail (225) 44 31 36 39 20 - 18 10 - 47 8 - 81 8 - 59 8 - 35 Semiconductors (159) 14 19 9 4 0 - 14 0 - 67 1 - 76 1 - 44 0 - 37 Software (167) 23 25 19 17 7 - 23 0 - 48 1 - 78 3 - 49 2 - 31 Telecom (281) 10 13 10 4 3 - 31 4 - 129 0 - 130 2 - 80 5 - 57 Transportation (77) 53 48 57 48 5 - 5 5 - 12 2 - 25 6 - 11 3 - 12 Utilities (117) 73 68 72 74 40 - 3 31 - 13 31 - 21 14 - 9 17 - 4 percent stocks over MA *********** 10-day highs/lows ************ sector (num) 10 d 21 d 50 d 200d 12/22 12/21 12/20 12/19 12/18 ---------------------- ---- ---- ---- ---- --------- --------- --------- --------- --------- Aerospace/Defense (48) 40 38 33 48 7 - 8 3 - 13 0 - 20 2 - 11 4 - 8 Apparel (85) 44 33 42 45 8 - 7 2 - 21 2 - 35 3 - 26 4 - 24 Automotive (36) 33 31 28 8 6 - 4 7 - 7 4 - 18 0 - 11 0 - 3 Banks (112) 89 92 90 83 60 - 0 51 - 2 23 - 10 33 - 2 35 - 0 Biotechnology (157) 24 24 14 17 7 - 14 4 - 79 2 - 103 9 - 53 11 - 37 Building/Constr (105) 51 58 66 51 23 - 12 8 - 21 4 - 38 10 - 13 16 - 15 Chemical (60) 73 73 68 58 23 - 1 16 - 6 6 - 13 8 - 7 5 - 11 Commercial Svcs (176) 47 44 43 35 26 - 19 17 - 37 7 - 74 16 - 39 20 - 39 Computer Svcs (48) 19 19 25 23 4 - 9 2 - 20 1 - 34 1 - 20 3 - 12 Computer Equip (138) 19 17 10 9 4 - 13 0 - 69 0 - 106 1 - 63 4 - 48 Consumer Nondur (38) 42 45 34 29 5 - 3 6 - 8 2 - 12 5 - 10 5 - 7 Drug (ex-Biotech) (93) 34 37 31 51 11 - 12 9 - 30 9 - 41 12 - 22 10 - 16 Electronics (322) 14 19 11 10 9 - 26 2 - 165 3 - 231 5 - 164 8 - 110 Financial (107) 71 77 70 77 40 - 3 27 - 7 14 - 26 20 - 9 30 - 3 Foods (64) 72 72 77 81 20 - 3 18 - 6 10 - 12 11 - 5 6 - 4 Healthcare (93) 68 68 70 73 24 - 7 18 - 13 16 - 16 22 - 7 27 - 7 Household Prods (37) 41 38 41 19 6 - 3 5 - 8 1 - 17 1 - 11 1 - 10 Insurance (92) 61 70 74 80 23 - 0 18 - 5 12 - 28 13 - 14 17 - 5 Internet (262) 12 15 6 2 4 - 31 2 - 141 2 - 187 3 - 148 8 - 84 Leisure (109) 36 38 40 39 11 - 16 7 - 34 2 - 47 8 - 32 11 - 32 Machinery (46) 59 54 50 43 13 - 1 8 - 9 4 - 17 4 - 11 3 - 11 Media (90) 49 51 43 31 19 - 4 6 - 20 0 - 38 10 - 17 13 - 12 Medical Tech (123) 37 39 32 29 17 - 17 8 - 34 2 - 54 7 - 30 15 - 29 Metals (ex-Gold) (72) 47 43 40 35 15 - 5 5 - 11 6 - 18 15 - 16 8 - 9 Oil & Gas (178) 75 76 65 63 53 - 5 29 - 17 22 - 26 81 - 9 91 - 9 Paper Prods & Pkg (44) 77 75 73 50 23 - 1 13 - 2 3 - 8 9 - 4 5 - 6 Real Estate (117) 53 70 76 68 21 - 9 19 - 10 17 - 10 38 - 6 52 - 2 Retail (225) 44 31 36 39 24 - 22 17 - 57 13 - 99 16 - 76 17 - 52 Semiconductors (159) 14 19 9 4 1 - 16 0 - 88 1 - 114 1 - 79 2 - 56 Software (167) 23 25 19 17 13 - 28 0 - 67 1 - 114 5 - 77 4 - 39 Telecom (281) 10 13 10 4 4 - 37 5 - 164 3 - 196 5 - 141 11 - 80 Transportation (77) 53 48 57 48 10 - 5 7 - 13 3 - 29 6 - 14 4 - 13 Utilities (117) 73 68 72 74 41 - 3 34 - 15 35 - 27 20 - 12 23 - 10 link to previous week's journalMessage 15033691