To: Les H who wrote (65098 ) 12/30/2000 11:50:04 AM From: Les H Read Replies (4) | Respond to of 99985 Market/Sector Breadth Journal: December 29, 2000 (3747 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 29 69 58 48 42 717 - 225 482 - 166 144 - 103 Dec 28 69 58 48 42 1253 - 185 902 - 148 363 - 104 Dec 27 56 50 43 40 956 - 331 732 - 265 325 - 169 Dec 26 46 44 40 38 676 - 462 540 - 378 267 - 243 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 29 2341 37 28 19 23 4 - 7 3 - 7 0 - 6 Dec 28 2464 60 44 30 28 19 - 5 9 - 3 1 - 2 Dec 27 2460 53 42 28 29 16 - 3 9 - 2 2 - 1 Dec 26 2404 43 35 24 25 4 - 5 3 - 4 1 - 2 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 29 686 73 63 59 59 15 - 6 7 - 5 3 - 3 Dec 28 692 74 65 62 58 35 - 6 23 - 6 10 - 5 Dec 27 691 71 59 59 58 32 - 3 24 - 3 12 - 2 Dec 26 687 58 55 58 54 29 - 6 24 - 5 12 - 2 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 for stocks >= 7 and ADV >= 75,000) Unconfirmed Signals (US) market DJIA SPX OTC Universe OEX NDX ---------------------- ------ ----- ----- -------- -------- -------- Dec 29 10,786 1320 2470 17 - 83 9 - 91 33 - 67 Dec 28 10,868 1334 2557 18 - 82 10 - 90 50 - 50 Dec 27 10,803 1328 2539 35 - 65 10 - 90 60 - 40 Dec 26 10,692 1315 2493 52 - 48 20 - 80 60 - 40 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 29 Weighted Action List (WAL) Unconfirmed Signals (US) Universe 66 - 34 17 - 83 S&P 500 (SPX) 45 - 55 10 - 90 S&P 100 (OEX) 42 - 58 9 - 91 Nasdaq 100 (NDX) 16 - 84 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 +122 N.A. Jul 10 yellow green green 1475 + 11 1488 + 24 1436 - 28 Aug 2 red yellow green 1438 - 37 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 1320 + 56 1340 + 76 1254 - 10 Feb 03 yellow red red ???? ???? Feb 28 red red red ???? ???? 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 12/29 12/28 12/27 12/26 ---------------------- ---- ---- ---- ---- --------- --------- --------- --------- Aerospace/Defense (48) 71 56 48 52 6 - 4 10 - 3 8 - 5 7 - 9 Apparel (85) 73 59 51 54 6 - 1 22 - 4 15 - 4 10 - 12 Automotive (36) 78 50 31 22 3 - 1 2 - 6 1 - 6 2 - 5 Banks (111) 89 91 93 86 16 - 0 58 - 0 67 - 2 53 - 1 Biotechnology (156) 56 42 19 24 17 - 12 13 - 8 9 - 19 4 - 17 Building/Constr (105) 74 70 70 61 17 - 2 38 - 1 32 - 7 18 - 11 Chemical (60) 88 83 77 67 13 - 0 26 - 0 29 - 1 15 - 1 Commercial Svcs (176) 81 66 58 45 32 - 6 47 - 3 30 - 7 18 - 21 Computer Svcs (47) 51 38 30 26 2 - 5 8 - 5 2 - 4 3 - 10 Computer Equip (137) 50 27 13 12 3 - 8 8 - 8 3 - 18 0 - 19 Consumer Nondur (38) 74 63 45 34 7 - 1 8 - 1 7 - 2 4 - 2 Drug (ex-Biotech) (92) 72 60 49 55 13 - 5 21 - 4 20 - 7 10 - 5 Electronics (322) 62 35 20 13 17 - 16 25 - 14 15 - 23 4 - 39 Financial (107) 90 92 82 84 32 - 1 47 - 0 37 - 2 32 - 1 Foods (64) 84 80 84 84 16 - 2 27 - 0 20 - 2 19 - 1 Healthcare (93) 83 81 73 75 12 - 2 38 - 2 35 - 4 33 - 4 Household Prods (37) 78 65 49 32 7 - 0 11 - 0 9 - 5 2 - 7 Insurance (92) 91 84 83 86 18 - 0 38 - 1 36 - 1 22 - 3 Internet (251) 42 23 12 2 10 - 27 9 - 19 5 - 38 4 - 37 Leisure (108) 67 58 49 44 18 - 6 29 - 3 20 - 4 7 - 16 Machinery (46) 83 63 59 57 8 - 3 17 - 1 17 - 2 12 - 2 Media (89) 73 69 57 36 25 - 1 26 - 0 16 - 6 10 - 5 Medical Tech (122) 64 55 37 32 10 - 11 26 - 11 22 - 16 8 - 17 Metals (ex-Gold) (70) 73 67 61 40 9 - 2 23 - 2 14 - 2 7 - 4 Oil & Gas (177) 96 93 86 77 44 - 1 102 - 1 73 - 2 92 - 3 Paper Prods & Pkg (44) 91 84 80 55 5 - 0 16 - 0 15 - 1 17 - 1 Real Estate (117) 55 73 79 69 11 - 8 46 - 4 39 - 4 21 - 6 Retail (225) 77 63 49 48 35 - 8 54 - 11 35 - 9 14 - 33 Semiconductors (159) 55 31 18 6 6 - 8 10 - 8 2 - 10 0 - 18 Software (165) 52 35 21 19 12 - 5 19 - 8 10 - 11 7 - 24 Telecom (275) 52 33 15 6 13 - 22 14 - 24 8 - 34 5 - 44 Transportation (76) 86 76 74 61 19 - 2 10 - 1 14 - 5 6 - 5 Utilities (117) 85 79 77 78 14 - 2 41 - 4 46 - 6 58 - 5 percent stocks over MA *********** 10-day highs/lows ************ sector (num) 10 d 21 d 50 d 200d 12/29 12/28 12/27 12/26 ---------------------- ---- ---- ---- ---- --------- --------- --------- --------- Aerospace/Defense (48) 71 56 48 52 9 - 4 16 - 4 12 - 6 9 - 10 Apparel (85) 73 59 51 54 10 - 1 36 - 4 30 - 5 10 - 16 Automotive (36) 78 50 31 22 10 - 1 12 - 2 8 - 1 10 - 2 Banks (111) 89 91 93 86 18 - 0 62 - 0 75 - 2 58 - 1 Biotechnology (156) 56 42 19 24 33 - 13 23 - 12 13 - 23 9 - 21 Building/Constr (105) 74 70 70 61 20 - 4 47 - 1 39 - 7 19 - 12 Chemical (60) 88 83 77 67 17 - 1 35 - 0 36 - 2 17 - 3 Commercial Svcs (176) 81 66 58 45 49 - 8 70 - 4 44 - 8 25 - 23 Computer Svcs (47) 51 38 30 26 3 - 6 11 - 7 5 - 4 5 - 11 Computer Equip (137) 50 27 13 12 7 - 11 18 - 10 6 - 19 2 - 23 Consumer Nondur (38) 74 63 45 34 12 - 3 12 - 1 12 - 2 5 - 4 Drug (ex-Biotech) (92) 72 60 49 55 21 - 5 32 - 4 26 - 8 17 - 6 Electronics (322) 62 35 20 13 40 - 19 61 - 17 30 - 27 9 - 45 Financial (107) 90 92 82 84 39 - 2 61 - 0 42 - 3 32 - 2 Foods (64) 84 80 84 84 21 - 3 37 - 0 27 - 3 24 - 1 Healthcare (93) 83 81 73 75 15 - 2 47 - 2 41 - 5 40 - 5 Household Prods (37) 78 65 49 32 9 - 0 17 - 0 11 - 5 4 - 8 Insurance (92) 91 84 83 86 24 - 1 46 - 2 43 - 2 26 - 5 Internet (251) 42 23 12 2 20 - 35 20 - 21 9 - 46 6 - 45 Leisure (108) 67 58 49 44 24 - 9 47 - 4 25 - 8 10 - 17 Machinery (46) 83 63 59 57 6 - 2 13 - 1 13 - 2 10 - 2 Media (89) 73 69 57 36 29 - 1 34 - 1 21 - 10 11 - 8 Medical Tech (122) 64 55 37 32 18 - 16 28 - 15 24 - 21 15 - 23 Metals (ex-Gold) (70) 73 67 61 40 17 - 4 31 - 3 18 - 5 12 - 5 Oil & Gas (177) 96 93 86 77 46 - 1 107 - 1 84 - 2 112 - 4 Paper Prods & Pkg (44) 91 84 80 55 9 - 1 20 - 0 16 - 1 18 - 1 Real Estate (117) 55 73 79 69 11 - 12 52 - 5 41 - 7 22 - 10 Retail (225) 77 63 49 48 65 - 9 90 - 12 66 - 13 18 - 38 Semiconductors (159) 55 31 18 6 17 - 11 30 - 9 14 - 11 2 - 21 Software (165) 52 35 21 19 19 - 13 39 - 11 22 - 19 11 - 31 Telecom (275) 52 33 15 6 30 - 28 28 - 32 14 - 43 6 - 56 Transportation (76) 86 76 74 61 33 - 2 28 - 1 25 - 6 12 - 5 Utilities (117) 85 79 77 78 17 - 3 45 - 4 55 - 6 70 - 7