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To: Les H who wrote (71453)3/7/2001 2:16:02 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Nasdaq deja vu

markets.tradingtech.com

Drugs

markets.tradingtech.com

guess someone agrees with you. If this pop is another trap, if Yahoo has bad news, and if Nasdaq completes the trap tomorrow, then drugs may bounce to retest the point of breakdown at best.



To: Les H who wrote (71453)3/7/2001 11:33:38 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Sector rife with cup-and-handles, inverted head-and-shoulders

207.61.23.99

Paper (IP), aluminum (AA), chemical (DD, DOW), and so on...



To: Les H who wrote (71453)3/8/2001 5:50:01 AM
From: Elroy Jetson  Respond to of 99985
 
I have been in Australia for the past month. It still strikes me that parity with the US dollar would be $0.85, but the Aussie dollar keeps dropping. Now down to $0.51 per US.

I saw the coming weakness in the chart, but I don't understand the fundamentals.

Pre-paid Telstra Big-Pond dial-in access is a drag compared with DSL though.



To: Les H who wrote (71453)3/8/2001 8:48:24 AM
From: Les H  Read Replies (2) | Respond to of 99985
 
Market/Sector Breadth Journal: March 7, 2001 (3732 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
----------------- ---- ---- ---- ---- ---------- ---------- ---------- ----------
Mar 7 61 45 48 46 1276 - 462 871 - 338 484 - 275 168 - 68
Mar 6 56 40 47 45 1137 - 519 668 - 363 327 - 293 110 - 66
Mar 5 46 36 44 44 776 - 801 478 - 595 302 - 511 109 - 142
Mar 2 42 33 43 44 845 - 789 467 - 664 309 - 584 105 - 178
Mar 1 32 29 41 44 526 - 1036 272 - 909 176 - 757 58 - 166
Feb 28 31 28 42 44 541 - 1141 265 - 1023 174 - 868 64 - 222
Feb 27 31 30 44 44 512 - 934 239 - 828 167 - 679 53 - 166
Feb 26 37 35 49 45 811 - 482 428 - 404 278 - 307 84 - 65
Feb 23 21 26 43 42 260 - 1406 166 - 1171 113 - 855 31 - 142
Feb 22 20 27 44 43 224 - 1814 154 - 1478 112 - 1119 35 - 175
Feb 21 24 31 48 44 298 - 1906 223 - 1517 165 - 1133 68 - 198

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 1261 70 59 59 66 231 - 64 184 - 44 116 - 38 39 - 2
S&P 100 650 69 52 53 56 50 - 13 35 - 10 20 - 8 4 - 0
NDX 100 1996 52 32 23 23 36 - 11 19 - 7 8 - 6 2 - 4

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
----------------- ---- ---- ---- ---- ---------- ---------- ---------- ----------
Mar 7 1261 70 59 59 66 231 - 64 184 - 44 116 - 38 39 - 2
Mar 6 1253 65 54 57 65 174 - 78 115 - 39 56 - 31 19 - 1
Mar 5 1241 59 52 54 64 158 - 77 107 - 47 70 - 42 25 - 7
Mar 2 1234 53 46 52 63 159 - 84 90 - 68 62 - 61 24 - 18
Mar 1 1241 39 38 46 62 78 - 108 45 - 83 34 - 63 13 - 5
Feb 28 1239 37 38 48 62 79 - 122 46 - 109 35 - 92 16 - 25
Feb 27 1257 47 44 55 65 127 - 76 59 - 70 47 - 57 16 - 22
Feb 26 1267 41 44 54 64 103 - 54 56 - 41 43 - 32 14 - 6
Feb 23 1245 18 31 46 59 28 - 207 18 - 165 13 - 104 3 - 9
Feb 22 1252 24 37 50 61 39 - 207 30 - 165 23 - 109 7 - 10
Feb 21 1255 28 39 52 61 49 - 252 39 - 199 35 - 125 16 - 13

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
----------------- ---- ---- ---- ---- ---------- ---------- ---------- ----------
Mar 7 1996 52 32 23 23 36 - 11 19 - 7 8 - 6 2 - 4
Mar 6 1976 53 24 25 21 42 - 6 17 - 5 7 - 4 1 - 3
Mar 5 1916 32 19 22 20 16 - 19 8 - 16 6 - 16 2 - 9
Mar 2 1881 22 15 20 20 5 - 43 4 - 39 2 - 38 1 - 23
Mar 1 1968 20 15 20 22 3 - 21 0 - 16 0 - 16 0 - 5
Feb 28 1908 18 14 20 22 3 - 56 2 - 53 2 - 52 0 - 28
Feb 27 1964 23 16 25 24 2 - 47 1 - 44 0 - 43 0 - 23
Feb 26 2097 41 23 30 26 31 - 16 12 - 15 6 - 14 1 - 4
Feb 23 2056 18 13 25 24 9 - 24 6 - 21 1 - 19 0 - 7
Feb 22 2032 11 11 24 25 5 - 46 2 - 42 1 - 38 0 - 15
Feb 21 2058 15 9 22 25 4 - 46 0 - 44 0 - 42 0 - 13

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
----------------- ---- ---- ---- ---- ---------- ---------- ---------- ----------
Mar 7 650 69 52 53 56 50 - 13 35 - 10 20 - 8 4 - 0
Mar 6 645 60 45 49 55 28 - 11 16 - 6 6 - 6 3 - 0
Mar 5 638 55 42 47 54 28 - 14 19 - 8 12 - 8 6 - 0
Mar 2 633 48 40 43 54 32 - 25 23 - 21 14 - 18 4 - 5
Mar 1 641 41 32 39 53 16 - 24 9 - 21 6 - 15 1 - 2
Feb 28 640 39 32 39 54 16 - 22 10 - 21 6 - 20 2 - 6
Feb 27 650 51 41 48 54 28 - 17 11 - 17 8 - 12 1 - 6
Feb 26 655 44 42 46 53 28 - 11 13 - 8 10 - 7 2 - 2
Feb 23 642 15 29 39 49 3 - 35 3 - 29 2 - 26 0 - 5
Feb 22 647 24 33 43 48 8 - 35 6 - 27 5 - 22 0 - 3
Feb 21 647 25 34 45 49 8 - 54 6 - 48 5 - 37 2 - 4

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
----------------- ------ ----- ----- -------- -------- -------- --------
Mar 7 10,729 1261 2223 66 - 34 48 - 52 45 - 55 67 - 33
Mar 6 10,591 1253 2204 73 - 27 57 - 43 73 - 27 67 - 33
Mar 5 10,562 1241 2142 80 - 20 62 - 38 69 - 31 75 - 25
Mar 2 10,466 1234 2117 86 - 14 77 - 23 75 - 25 79 - 21
Mar 1 10,450 1241 2183 91 - 9 82 - 18 85 - 15 85 - 15
Feb 28 10,495 1239 2151 91 - 9 81 - 19 80 - 20 87 - 13
Feb 27 10,636 1257 2207 90 - 10 81 - 19 77 - 23 86 - 14
Feb 26 10,642 1267 2308 92 - 8 86 - 14 75 - 25 83 - 17
Feb 23 10,441 1245 2262 95 - 5 91 - 9 90 - 10 94 - 6
Feb 22 10,526 1252 2244 93 - 7 85 - 15 86 - 14 95 - 5
Feb 21 10,526 1255 2268 90 - 10 81 - 19 90 - 10 95 - 5

March 7

Weighted Action List (WAL) Unconfirmed Signals (US)

Universe 82 - 18 66 - 34
S&P 500 (SPX) 77 - 23 48 - 52
S&P 100 (OEX) 93 - 7 45 - 55
Nasdaq 100 (NDX) 96 - 4 67 - 33

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 1239 -110 1354 + 5 1215 -134
Mar 23 green green green 1261 + 22 1267 + 28 1214 - 25