To: Les H who wrote (13 ) 6/23/2001 11:44:51 AM From: Les H Read Replies (1) | Respond to of 1328 Market/Sector Breadth Journal: June 22, 2001 (3378 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 ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- Jun 22 37 34 48 52 468 - 868 237 - 753 160 - 593 61 - 71 Jun 21 43 39 51 53 1024 - 713 589 - 668 434 - 554 165 - 65 Jun 20 35 36 50 53 770 - 933 459 - 830 325 - 677 128 - 99 Jun 19 34 38 48 52 345 - 1266 187 - 1111 142 - 856 57 - 94 Jun 18 33 38 50 52 312 - 1633 204 - 1383 160 - 1045 70 - 106 Jun 15 25 32 54 53 307 - 1464 194 - 1141 154 - 849 57 - 66 Jun 14 26 34 57 54 203 - 1899 153 - 1336 104 - 974 34 - 65 Jun 13 40 45 66 57 505 - 1069 384 - 631 281 - 446 93 - 38 Jun 12 47 49 69 58 539 - 1120 434 - 631 325 - 416 108 - 37 Jun 11 48 50 70 58 443 - 1138 346 - 664 261 - 401 85 - 37 Jun 8 56 56 74 58 549 - 764 401 - 466 299 - 252 85 - 22 Jun 7 60 62 76 59 1032 - 592 678 - 421 477 - 232 124 - 18 Jun 6 56 60 76 58 856 - 545 481 - 418 398 - 214 116 - 19 Jun 5 63 66 79 59 1552 - 287 820 - 213 696 - 119 220 - 12 Jun 4 48 58 76 58 993 - 435 604 - 346 504 - 207 181 - 20 Jun 1 41 55 75 57 665 - 551 415 - 377 354 - 204 124 - 21 May 31 35 51 73 55 515 - 827 326 - 584 279 - 325 103 - 22 May 30 30 47 71 54 283 - 1800 209 - 989 171 - 599 68 - 35 May 29 45 60 78 57 450 - 1365 381 - 567 307 - 341 98 - 19 May 25 59 68 82 58 546 - 802 474 - 316 387 - 164 108 - 13 May 24 66 72 82 58 733 - 682 646 - 250 524 - 125 137 - 11 May 23 68 73 82 58 554 - 741 487 - 308 381 - 166 92 - 9 May 22 80 80 84 60 1362 - 304 1147 - 176 940 - 85 216 - 12 May 21 80 80 84 59 1808 - 228 1468 - 157 1203 - 76 301 - 10 Market Index Breadth 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 ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- Jun 22 1225 40 36 44 59 57 - 120 29 - 104 16 - 87 5 - 3 Jun 21 1237 50 42 48 61 209 - 105 134 - 102 99 - 92 25 - 4 Jun 20 1223 41 35 47 61 162 - 125 90 - 119 62 - 103 24 - 10 Jun 19 1212 29 27 45 60 93 - 148 45 - 137 33 - 116 15 - 10 Jun 18 1208 20 23 43 59 63 - 196 34 - 183 26 - 155 9 - 13 Jun 15 1214 17 21 44 59 36 - 217 19 - 194 15 - 159 6 - 8 Jun 14 1219 15 21 46 60 17 - 369 15 - 296 7 - 240 3 - 7 Jun 13 1241 28 33 60 65 48 - 206 35 - 135 23 - 102 8 - 5 Jun 12 1255 37 38 66 68 56 - 192 37 - 111 28 - 67 8 - 5 Jun 11 1254 38 40 66 66 38 - 208 26 - 123 20 - 66 5 - 2 Jun 8 1264 49 49 73 68 59 - 127 50 - 81 34 - 43 12 - 2 Jun 7 1276 57 58 75 70 160 - 106 104 - 87 58 - 44 16 - 2 Jun 6 1270 50 57 75 69 95 - 102 55 - 83 37 - 38 16 - 1 Jun 5 1283 65 67 80 71 262 - 36 123 - 30 106 - 20 32 - 0 Jun 4 1267 47 57 75 69 155 - 54 80 - 48 63 - 27 21 - 1 Jun 1 1260 37 52 74 68 95 - 77 45 - 56 42 - 23 10 - 1 May 31 1255 33 51 76 68 93 - 89 52 - 67 49 - 29 12 - 0 May 30 1248 23 44 71 67 46 - 285 30 - 162 22 - 87 7 - 3 May 29 1267 36 58 77 69 64 - 212 46 - 93 40 - 54 11 - 3 May 25 1277 45 63 82 71 28 - 180 26 - 62 20 - 26 4 - 2 May 24 1293 59 72 85 72 70 - 145 64 - 42 50 - 22 13 - 2 May 23 1289 68 77 85 72 54 - 149 50 - 44 36 - 31 9 - 2 May 22 1309 82 85 88 75 171 - 44 157 - 25 130 - 13 33 - 1 May 21 1312 86 86 86 74 269 - 32 245 - 26 207 - 13 57 - 1 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 ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- Jun 22 1727 44 29 38 26 15 - 13 3 - 11 2- 10 0 - 1 Jun 21 1751 47 37 43 28 45 - 10 23 - 9 15 - 8 3 - 4 Jun 20 1721 43 34 41 27 37 - 18 17 - 18 9 - 18 1 - 7 Jun 19 1675 16 15 31 26 8 - 31 3 - 31 2 - 27 0 - 9 Jun 18 1666 8 11 29 24 4 - 58 2 - 54 2 - 49 0 - 13 Jun 15 1701 13 11 30 25 6 - 40 1 - 38 1 - 34 0 - 6 Jun 14 1711 7 10 28 26 0 - 87 0 - 72 0 - 58 0 - 8 Jun 13 1790 20 22 46 29 4 - 62 2 - 28 2 - 24 0 - 4 Jun 12 1852 40 36 59 29 6 - 34 6 - 18 4 - 12 1 - 4 Jun 11 1846 35 30 59 29 2 - 48 2 - 27 2 - 17 1 - 2 Jun 8 1896 54 50 69 29 5 - 32 3 - 13 2 - 8 1 - 2 Jun 7 1963 73 68 73 32 53 - 4 24 - 2 13 - 2 3 - 0 Jun 6 1903 57 56 68 29 24 - 8 5 - 8 4 - 6 1 - 1 Jun 5 1923 60 55 73 29 67 - 2 17 - 2 16 - 2 3 - 0 Jun 4 1838 24 34 58 27 13 - 14 6 - 13 5 - 11 0 - 0 Jun 1 1840 25 36 60 27 8 - 4 2 - 4 2 - 2 0 - 0 May 31 1799 10 26 55 26 4 - 30 1 - 23 1 - 16 0 - 1 May 30 1779 6 19 53 25 2 - 82 1 - 47 1 - 41 1 - 1 May 29 1873 18 36 67 27 3 - 76 3 - 23 2 - 19 1 - 0 May 25 1960 61 63 84 33 7 - 27 7 - 8 5 - 6 1 - 0 May 24 2003 78 73 89 33 13 - 11 13 - 2 8 - 1 1 - 0 May 23 1957 76 69 84 28 5 - 21 5 - 6 2 - 4 0 - 0 May 22 2042 93 87 94 34 30 - 2 23 - 1 15 - 0 1 - 0 May 21 2052 89 84 93 35 83 - 4 67 - 4 52 - 2 3 - 0 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 ----------------- ---- ---- ---- ---- ---------- ---------- ---------- ---------- Jun 22 636 37 29 34 48 12 - 28 4 - 25 2 - 20 1 - 1 Jun 21 642 41 33 38 53 40 - 21 24 - 19 19 - 16 4 - 2 Jun 20 634 33 27 36 52 24 - 29 16 - 27 10 - 23 3 - 3 Jun 19 626 26 20 38 51 17 - 36 10 - 34 6 - 30 2 - 3 Jun 18 624 21 19 34 51 13 - 41 8 - 41 4 - 35 1 - 4 Jun 15 626 13 15 39 53 6 - 40 4 - 37 2 - 33 0 - 3 Jun 14 629 17 14 42 53 3 - 74 3 - 63 2 - 52 0 - 3 Jun 13 639 26 28 56 56 7 - 43 4 - 29 1 - 25 0 - 2 Jun 12 647 34 34 61 58 10 - 44 8 - 22 4 - 16 1 - 2 Jun 11 646 36 33 59 56 8 - 44 4 - 30 3 - 16 2 - 1 Jun 8 651 44 38 70 57 10 - 26 8 - 19 4 - 11 0 - 1 Jun 7 658 51 50 74 63 27 - 25 15 - 21 9 - 7 1 - 1 Jun 6 655 47 48 77 60 13 - 21 9 - 19 5 - 6 0 - 0 Jun 5 662 58 62 81 64 48 - 10 20 - 8 16 - 5 3 - 0 Jun 4 654 41 52 78 62 31 - 10 14 - 8 10 - 3 3 - 0 Jun 1 649 32 47 77 60 19 - 20 8 - 14 7 - 6 2 - 0 May 31 646 25 42 77 59 11 - 22 6 - 17 6 - 7 2 - 0 May 30 642 20 41 72 60 6 - 60 4 - 33 3 - 14 0 - 0 May 29 652 33 55 77 61 11 - 37 8 - 18 7 - 8 0 - 0 May 25 658 37 55 82 61 2 - 44 2 - 16 1 - 7 0 - 0 May 24 668 56 68 85 65 20 - 32 19 - 10 16 - 5 1 - 0 May 23 665 65 76 84 64 14 - 34 10 - 9 7 - 6 2 - 0 May 22 676 82 80 86 64 29 - 9 23 - 9 19 - 3 4 - 0 May 21 678 83 83 84 64 51 - 6 43 - 5 39 - 1 9 - 0 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 ----------------- ------ ----- ----- -------- -------- -------- -------- Jun 22 10,604 1225 2034 89 - 11 85 - 15 90 - 10 67 - 33 Jun 21 10,715 1237 2058 87 - 13 82 - 18 85 - 15 64 - 36 Jun 20 10,647 1223 2031 92 - 8 90 - 10 92 - 8 85 - 15 Jun 19 10,596 1212 1992 96 - 4 95 - 5 97 - 3 100 - 0 Jun 18 10,645 1208 1988 95 - 5 97 - 3 97 - 3 100 - 0 Jun 15 10,623 1214 2028 93 - 7 98 - 2 97 - 3 100 - 0 Jun 14 10,690 1219 2044 94 - 6 99 - 1 100 - 0 100 - 0 Jun 13 10,871 1241 2121 85 - 15 91 - 9 100 - 0 87 - 13 Jun 12 10,948 1255 2169 80 - 20 84 - 16 100 - 0 86 - 14 Jun 11 10,922 1254 2170 76 - 24 77 - 23 90 - 10 86 - 14 Jun 8 10,977 1264 2215 68 - 32 71 - 29 78 - 22 71 - 29 Jun 7 11,090 1276 2264 62 - 38 63 - 37 67 - 33 67 - 33 Jun 6 11,070 1270 2217 62 - 38 58 - 42 67 - 33 83 - 17 Jun 5 11,175 1283 2233 58 - 42 59 - 41 56 - 44 86 - 14 Jun 4 11,061 1267 2155 76 - 24 74 - 26 75 - 25 100 - 0 Jun 1 10,990 1260 2149 78 - 22 76 - 24 80 - 20 100 - 0 May 31 10,911 1255 2110 78 - 22 75 - 25 75 - 25 100 - 0 May 30 10,872 1248 2084 79 - 21 76 - 24 71 - 29 100 - 0 May 29 11,039 1267 2175 57 - 43 58 - 42 43 - 57 83 - 17 May 25 11,005 1277 2251 43 - 57 51 - 49 37 - 63 50 - 50 May 24 11,122 1293 2282 34 - 66 35 - 65 25 - 75 25 - 75 May 23 11,105 1289 2243 30 - 70 31 - 69 27 - 73 40 - 60 May 22 11,257 1309 2313 18 - 82 14 - 86 22 - 78 0 -100 May 21 11,337 1312 2305 19 - 81 13 - 87 25 - 75 0 -100 June 22 Weighted Unconfirmed Action List Daily Signals Universe 57 - 43 89 - 11 S&P 500 (SPX) 60 - 40 85 - 15 S&P 100 (OEX) 73 - 27 90 - 10 Nasdaq 100 (NDX) 70 - 30 67 - 33 Nine Month Cycle - April 4 Anchor Apr 4 start start start 1103 none Apr 27 green green green 1253 +150 1253 +150 1103 + 10 May 21 yellow green green 1312 + 59 1312 + 59 1240 - 13 Jun 13 red yellow green 1241 - 71 1315 + 3 1235 - 77 Jul 6 green yellow green 1225 - 16 1241 + 0 1203 - 38 Jul 30 yellow red yellow Aug 22 red red yellow Sep 14 green green yellow Oct 8 yellow green yellow Oct 31 red yellow red Nov 23 green yellow red Dec 17 yellow red red Jan 9 red red red Other significant dates: Jun 19 potential low - 89 calendar days since March 22nd low Jun 20 potential low - 21 trading days since May 21st high Jun 21 potential high - first 7/8 day subperiod in Jun 13 - Jul 6 (10-wk cycle) Jun 22 potential high - 55 trading days since April 4th low (ex- Good Fri, Mem Day) Jun 28 potential low - second 7/8 day subperiod in Jun 13 - Jul 6 (10-wk cycle) due just before favorable end-of-month turn into July, before 3-month cycle peaks, and before seasonal trading volume peaks in July Jul 2 potential high - 89 calendar days since April 4th low Jul 5 potential high - 15 weeks from March 22nd low 20-week cycle high occurs in week 10 (May 31) to week 15 with 70% probability Jul 6 potential high - third 7/8 day subperiod in Jun 13 - Jul 6 (10-wk cycle) Jul 18 potential high - 15 weeks from April 4th low 20-week cycle high occurs in week 10 (June 13) to week 15 with 70% probability Sector Breadth percent stocks over MA *********** 10-day highs/lows ************ sector (num) 10 d 21 d 50 d 200d 6/22 6/21 6/20 6/19 ---------------------- ---- ---- ---- ---- --------- --------- --------- --------- Aerospace/Defense (36) 25 17 39 53 3 - 17 3 - 10 1 - 14 1 - 16 Apparel (73) 36 29 44 66 2 - 18 19 - 6 6 - 16 4 - 11 Automotive (34) 44 47 59 68 3 - 4 7 - 2 3 - 3 2 - 7 Banks (105) 74 73 85 85 11 - 4 66 - 3 43 - 4 12 - 14 Biotechnology (149) 41 36 62 36 12 - 29 23 - 20 14 - 30 3 - 65 Building/Constr (94) 54 48 64 77 12 - 16 34 - 7 26 - 15 7 - 30 Chemical (57) 14 14 30 60 0 - 32 2 - 20 5 - 15 1 - 20 Commercial Svcs (154) 38 35 57 55 11 - 43 20 - 29 21 - 30 11 - 37 Computer Svcs (43) 37 35 51 47 4 - 10 6 - 5 5 - 10 2 - 6 Computer Equip (112) 17 15 25 24 4 - 28 7 - 21 5 - 34 0 - 58 Consumer Nondur (35) 31 26 57 63 4 - 10 6 - 6 6 - 0 2 - 10 Drug (ex-Biotech) (86) 43 45 57 50 6 - 18 17 - 10 17 - 12 6 - 22 Electronics (306) 15 10 20 20 4 - 69 5 - 97 5 - 143 1 - 167 Financial (103) 73 67 80 79 21 - 9 50 - 6 27 - 10 14 - 13 Foods (63) 54 54 65 75 8 - 11 17 - 5 16 - 6 3 - 20 Healthcare (93) 54 63 81 77 8 - 14 17 - 11 25 - 12 11 - 21 Household (33) 36 30 52 61 1 - 7 6 - 5 4 - 10 2 - 8 Insurance (83) 52 60 84 83 6 - 13 29 - 7 19 - 12 9 - 18 Internet (166) 31 24 33 18 13 - 33 14 - 32 11 - 50 5 - 61 Leisure (95) 53 42 55 72 10 - 12 23 - 10 10 - 17 5 - 23 Machinery (45) 36 42 53 71 2 - 11 15 - 6 7 - 11 3 - 17 Media (81) 38 35 42 53 4 - 15 15 - 10 15 - 11 4 - 20 Medical Tech (114) 37 44 68 54 9 - 30 13 - 24 12 - 26 10 - 37 Metals (ex-Gold) (62) 19 19 39 60 2 - 26 9 - 18 4 - 18 1 - 23 Oil & Gas (207) 10 8 14 48 5 - 80 6 - 139 7 - 117 4 - 109 Paper Prods & Pkg (41) 20 27 46 66 3 - 11 2 - 8 2 - 9 1 - 14 Real Estate (112) 66 83 96 91 16 - 8 41 - 2 48 - 4 16 - 14 Retail (211) 53 47 58 73 22 - 32 71 - 18 41 - 32 24 - 36 Semiconductors (149) 15 11 23 21 2 - 31 2 - 57 4 - 71 1 - 80 Software (142) 34 35 43 32 8 - 38 17 - 17 17 - 29 6 - 37 Telecom (222) 29 18 23 12 13 - 40 16 - 45 6 - 81 5 - 105 Transportation (73) 30 12 27 51 1 - 21 3 - 12 3 - 25 1 - 29 Utilities (111) 31 30 29 54 7 - 31 14 - 41 20 - 19 9 - 27