To: Les H who wrote (69806 ) 2/22/2001 1:35:55 AM From: Les H Respond to of 99985 Market/Sector Breadth Journal: February 21, 2001 (3769 stocks) percent stocks over MA highs/lows highs/lows highs/lows highs/lows market 10 d 21 d 50 d 200d 5-days 10-days 20-days 1-year ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- Feb 21 24 31 48 44 298 - 1906 223 - 1517 165 - 1133 68 - 198 Feb 20 32 38 53 46 414 - 1623 288 - 1271 231 - 951 80 - 156 Feb 16 38 43 58 48 353 - 1073 228 - 798 184 - 557 50 - 79 Feb 15 52 51 64 50 1029 - 634 601 - 411 444 - 243 126 - 28 Feb 14 44 48 63 48 630 - 874 390 - 629 299 - 414 91 - 59 Feb 13 44 49 63 49 709 - 857 497 - 654 387 - 424 129 - 60 Feb 12 46 52 66 49 911 - 781 606 - 615 479 - 359 148 - 40 Feb 9 38 48 63 48 564 - 1315 403 - 1000 324 - 520 99 - 64 Feb 8 44 54 66 49 666 - 1073 487 - 759 373 - 343 109 - 43 Feb 7 48 58 68 50 839 - 990 613 - 704 468 - 247 156 - 42 Feb 6 49 62 69 50 729 - 778 552 - 516 418 - 157 139 - 29 Feb 5 47 62 69 50 661 - 1118 525 - 692 373 - 166 108 - 33 Feb 2 49 65 69 49 540 - 1114 434 - 644 325 - 182 101 - 23 Feb 1 61 71 73 51 921 - 638 694 - 326 513 - 104 146 - 12 Jan 31 61 71 72 50 986 - 720 751 - 335 549 - 124 123 - 17 Jan 30 67 74 73 50 1144 - 486 863 - 230 614 - 81 118 - 10 Jan 29 64 71 71 50 1191 - 475 898 - 245 623 - 99 128 - 10 Jan 26 58 67 68 48 747 - 695 526 - 324 355 - 113 88 - 10 Jan 25 62 70 69 48 885 - 691 647 - 261 399 - 90 64 - 12 Jan 24 68 71 69 48 1089 - 502 866 - 208 593 - 109 76 - 10 Jan 23 72 72 69 48 1221 - 330 992 - 138 730 - 70 90 - 14 Dec 20 25 30 32 33 239 - 1709 178 - 1216 88 - 638 Nov 30 26 25 30 32 303 - 1559 214 - 1356 92 - 585 Market Index Breadth percent stocks over MA highs/lows highs/lows highs/lows highs/lows market 10 d 21 d 50 d 200d 5-days 10-days 20-days 1-year ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- S&P 500 1255 28 39 52 61 49 - 252 39 - 199 35 - 125 16 - 13 S&P 100 647 25 34 45 49 8 - 54 6 - 48 5 - 37 2 - 4 NDX 100 2058 15 9 22 25 4 - 46 0 - 44 0 - 42 0 - 13 S & P 500 percent stocks over MA highs/lows highs/lows highs/lows highs/lows market 10 d 21 d 50 d 200d 5-days 10-days 20-days 1-year ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- Feb 21 1255 28 39 52 61 49 - 252 39 - 199 35 - 125 16 - 13 Feb 20 1278 41 48 58 65 86 - 191 66 - 153 59 - 103 14 - 17 Feb 16 1301 46 56 63 67 73 - 103 56 - 69 49 - 43 13 - 10 Feb 15 1326 58 62 65 70 147 - 97 75 - 41 57 - 15 12 - 0 Feb 14 1315 48 59 66 68 72 - 117 35 - 66 29 - 36 8 - 4 Feb 13 1318 57 63 67 70 123 - 79 87 - 60 81 - 39 26 - 4 Feb 12 1330 55 62 70 70 131 - 63 103 - 48 87 - 31 23 - 0 Feb 9 1314 47 56 65 69 108 - 164 95 - 114 89 - 58 17 - 5 Feb 8 1332 54 61 66 69 127 - 135 106 - 87 90 - 45 17 - 5 Feb 7 1340 57 66 67 70 142 - 121 112 - 80 93 - 36 23 - 5 Feb 6 1352 59 66 67 70 115 - 118 93 - 66 73 - 21 19 - 0 Feb 5 1354 62 69 67 70 126 - 103 111 - 60 77 - 22 19 - 2 Feb 2 1349 59 68 66 69 74 - 108 62 - 70 46 - 22 19 - 2 Feb 1 1373 68 71 68 71 163 - 85 132 - 35 82 - 16 26 - 1 Jan 31 1366 68 69 67 71 170 - 91 132 - 31 77 - 15 19 - 1 Jan 30 1373 75 71 68 70 197 - 56 146 - 20 76 - 10 19 - 0 Jan 29 1364 67 62 64 69 178 - 45 134 - 27 75 - 18 18 - 0 Jan 26 1354 61 56 61 67 105 - 81 78 - 48 37 - 26 11 - 0 Jan 25 1357 66 59 65 69 188 - 73 122 - 33 37 - 13 9 - 0 Jan 24 1364 62 54 61 67 159 - 79 110 - 46 45 - 27 10 - 0 Jan 23 1360 65 54 62 67 158 - 44 107 - 25 60 - 16 7 - 2 Nasdaq 100 percent stocks over MA highs/lows highs/lows highs/lows highs/lows market 10 d 21 d 50 d 200d 5-days 10-days 20-days 1-year ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- Feb 21 2058 15 9 22 25 4 - 46 0 - 44 0 - 42 0 - 13 Feb 20 2095 13 13 22 27 3 - 66 2 - 60 2 - 57 0 - 20 Feb 16 2212 18 14 32 28 3 - 39 3 - 33 2 - 32 0 - 9 Feb 15 2371 59 29 44 32 38 - 7 7 - 4 2 - 3 0 - 0 Feb 14 2305 35 21 41 29 23 - 14 4 - 10 3 - 9 1 - 3 Feb 13 2208 14 15 32 27 3 - 51 1 - 46 1 - 37 0 - 6 Feb 12 2286 23 19 43 29 20 - 27 9 - 26 8 - 20 1 - 3 Feb 9 2261 13 20 37 29 8 - 61 4 - 57 3 - 42 0 - 9 Feb 8 2355 15 27 41 28 9 - 45 3 - 39 1 - 29 0 - 7 Feb 7 2409 21 31 45 29 12 - 48 6 - 45 4 - 22 0 - 5 Feb 6 2473 20 36 50 31 8 - 28 6 - 25 5 - 9 1 - 2 Feb 5 2467 15 34 48 31 6 - 46 5 - 34 4 - 9 0 - 3 Feb 2 2472 13 37 50 31 2 - 70 1 - 55 1 - 16 0 - 2 Feb 1 2607 39 59 65 36 10 - 30 6 - 15 5 - 3 0 - 1 Jan 31 2593 36 64 62 39 11 - 35 8 - 15 7 - 4 2 - 1 Jan 30 2686 61 74 70 39 14 - 11 10 - 5 8 - 1 0 - 0 Jan 29 2694 60 79 71 39 35 - 7 32 - 4 21 - 0 0 - 0 Jan 26 2631 53 74 62 37 13 - 20 9 - 12 5 - 2 0 - 0 Jan 25 2595 53 72 59 34 8 - 40 5 - 13 4 - 1 0 - 0 Jan 24 2726 72 82 70 37 31 - 13 30 - 3 19 - 1 1 - 0 Jan 23 2730 86 86 71 40 47 - 5 37 - 0 28 - 0 0 - 0 Dec 20 2210 4 6 8 16 0 - 72 0 - 46 0 - 24 Nov 30 2506 16 12 15 15 3 - 46 3 - 38 0 - 12 S & P 100 percent stocks over MA highs/lows highs/lows highs/lows highs/lows market 10 d 21 d 50 d 200d 5-days 10-days 20-days 1-year ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- Feb 21 647 25 34 45 49 8 - 54 6 - 48 5 - 37 2 - 4 Feb 20 661 34 43 49 53 17 - 42 11 - 31 9 - 22 0 - 5 Feb 16 675 36 49 54 57 12 - 22 8 - 16 6 - 11 0 - 3 Feb 15 688 50 53 57 59 26 - 20 11 - 13 9 - 4 0 - 0 Feb 14 682 36 47 59 60 9 - 32 2 - 20 1 - 11 0 - 2 Feb 13 684 53 58 62 62 19 - 18 12 - 15 11 - 9 1 - 1 Feb 12 692 46 59 69 64 22 - 15 18 - 12 14 - 8 1 - 0 Feb 9 682 42 50 58 64 13 - 35 12 - 25 12 - 12 1 - 1 Feb 8 694 49 60 60 63 22 - 32 19 - 22 16 - 9 2 - 1 Feb 7 700 54 64 62 66 27 - 29 22 - 16 20 - 6 4 - 1 Feb 6 708 60 69 64 63 21 - 21 19 - 10 11 - 0 3 - 0 Feb 5 709 66 72 65 66 27 - 22 23 - 9 13 - 4 0 - 0 Feb 2 705 60 73 61 62 13 - 19 8 - 11 3 - 3 1 - 0 Feb 1 719 69 70 67 63 36 - 13 27 - 3 18 - 1 3 - 0 Jan 31 715 73 68 65 65 33 - 11 23 - 3 12 - 1 3 - 0 Jan 30 718 73 67 65 61 39 - 9 27 - 3 18 - 1 2 - 0 Jan 29 711 55 56 58 60 29 - 16 23 - 8 17 - 3 1 - 0 Jan 26 709 60 49 56 61 16 - 17 11 - 10 5 - 5 0 - 0 Jan 25 710 64 55 59 59 40 - 16 24 - 8 10 - 3 2 - 0 Jan 24 714 62 51 55 61 31 - 16 21 - 9 10 - 6 1 - 0 Jan 23 712 63 51 56 61 30 - 12 19 - 5 12 - 3 3 - 0 Dec 20 661 36 40 46 47 16 - 39 10 - 29 6 - 11 Nov 30 697 44 39 53 46 13 - 31 9 - 25 5 - 7 AIQ market log (buy - sell ratios of signals for stocks >= 7 and ADV >= 75,000) Unconfirmed Signals (US) market DJIA SPX OTC Universe SPX OEX NDX ----------------- ------ ----- ----- -------- -------- -------- -------- Feb 21 10,526 1255 2268 90 - 10 81 - 19 90 - 10 95 - 5 Feb 20 10,730 1278 2318 83 - 17 75 - 25 89 - 11 96 - 4 Feb 16 10,799 1301 2425 76 - 24 66 - 34 70 - 30 93 - 7 Feb 15 10,891 1326 2552 67 - 33 54 - 46 58 - 42 91 - 9 Feb 14 10,793 1315 2491 73 - 27 62 - 38 67 - 33 94 - 6 Feb 13 10,903 1318 2427 70 - 30 54 - 46 58 - 42 95 - 5 Feb 12 10,946 1330 2489 68 - 32 53 - 47 55 - 45 94 - 6 Feb 9 10,781 1314 2470 70 - 30 56 - 44 55 - 45 100 - 0 Feb 8 10,880 1332 2562 60 - 40 51 - 49 36 - 64 95 - 5 Feb 7 10,946 1340 2607 54 - 46 48 - 52 30 - 70 100 - 0 Feb 6 10,957 1352 2664 52 - 48 39 - 61 25 - 75 75 - 25 Feb 5 10,965 1354 2643 51 - 49 40 - 60 25 - 75 67 - 33 Feb 2 10,864 1349 2660 48 - 52 47 - 53 25 - 75 83 - 17 Feb 1 10,983 1373 2782 29 - 71 41 - 59 25 - 75 33 - 67 Jan 31 10,887 1366 2772 25 - 75 37 - 63 22 - 78 25 - 75 Jan 30 10,881 1373 2838 24 - 76 39 - 61 20 - 80 25 - 75 Jan 29 10,702 1364 2838 26 - 74 49 - 51 36 - 64 0 -100 Jan 26 10,660 1354 2781 30 - 70 57 - 43 54 - 46 0 -100 Jan 25 10,729 1357 2754 27 - 73 56 - 44 57 - 43 0 -100 Jan 24 10,647 1364 2859 26 - 74 52 - 48 53 - 47 0 -100 Jan 23 10,649 1360 2840 24 - 76 54 - 46 52 - 48 0 -100 Dec 20 10,318 1264 2332 69 - 31 58 - 42 100 - 0 Nov 30 10,414 1314 2597 84 - 16 60 - 40 100 - 0 February 21 Weighted Action List (WAL) Unconfirmed Signals (US) Universe 16 - 84 90 - 10 S&P 500 (SPX) 16 - 84 81 - 19 S&P 100 (OEX) 33 - 67 90 - 10 Nasdaq 100 (NDX) 26 - 74 95 - 5 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 1318 + 54 1350 + 86 1254 - 10 Feb 03 yellow red red 1349 + 31 1385 + 67 1313 - 5 Feb 28 red red red 1255 - 94 1354 + 5 1253 - 96