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Strategies & Market Trends : Bullish Percent and VXN type indicators -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (7)5/9/2002 8:59:46 AM
From: OX  Read Replies (1) | Respond to of 119
 
here's a current BPSEMI chart from DWA...

Bullish Percent for Semiconductors
BPSEMI (05/08/2002) 31.818 Up 4.545
Link to Bullish Percent for Semiconductors Component Tickers

84 | | 8
82 | | 8
80 --------+-----------------------------------------+------------------------8
78 | X | 7
76 X X X X O 7
74 X O X O X O X O 7
72 X O X O X O X O X 7
70 --------X O ------------X O X O ------------X --C O X O -------------------7
68 X O X 5 X O X O X O X O 6
66 X O X O X O X O X O X O 6
64 X O X O X O B O O 1 O 6
62 X X O X O X O X X O X O 6
60 ----X O X 2 ------------X O X O --------X O X ----O X O X -----------------6
58 X O X O X O O X O X O O X O 5
56 X O X O X O X X O X | O X O 5
54 X O X O X O X O X O X | O X 4 X 5
52 X O X O X O X O X O X | O X O X O 5
50 ----X O X O X ----------X ----O X O ----8 O X ----+---O X O X O -----------5
48 X O X O X O X O X O X O X | O X O X O 4
46 X O X O X O X X O X O X O X | O X O O 4
44 X O X O X O X O X 6 O X O X | O X O 4
42 X O X O X O X O X O X O X | O X O 4
40 ----X O X O X O ----X O X --------O 7 --X O X ----+---2 X ----5 -----------4
38 X X O X O X O X O X O X O X O X | O X O 3
36 X O X O X O X O X X O X O X O X O X | O 3 O 3
34 X O X O X O O X O X O X O X O X O X | O X O 3
32 X O X O X O X O X O X O X O X O X | O X O 3
30 X O X O X ----O X O X 4 X --------O X O --9 X ----+---O ------O -----------3
28 O X O 1 O X O X O X O X O X | O 2
26 O X O X O X O X O X O X O X | 2
24 O X O X O X O X O X O X O X | 2
22 O X O X O 3 O X O X O O X | 2
20 --O X O X ----O X O X O X ----------------O X ----+------------------------2
18 O X O X O X O X O X O X | 1
16 O X O X O O O X O X | 1
14 O X O X O O A | 1
12 O X O X O X | 1
10 --O C O X --------------------------------O X ----+------------------------1
8 O X O | O X | 8
6 O X | O | 6
4 O | | 4
2 | | 2
0 --------+-----------------------------------------+------------------------0
| |

Copyright © 1995-2002 Dorsey, Wright & Associates, Inc.



To: OX who wrote (7)5/9/2002 9:09:16 AM
From: Steve Lee  Read Replies (1) | Respond to of 119
 
Thanks, I will look at MOT and AMAT again to see what I have misunderstood about P&F buy signals.

I am using eSignal v 7.0 for the P&F engine.

According to PHLX, these are the 17 components in the SOX:

phlx.com



To: OX who wrote (7)5/9/2002 9:17:44 AM
From: Steve Lee  Read Replies (1) | Respond to of 119
 
Ox, I'm confused now,

Looking at the last four columns PnF for MOT I see this:


X
OXOX
O OX
O


So it looks like column 3 is a sell signal with no buy signal since. Doesn't that mean it is not on a buy signal?

I am using a box size of 2 and a reversal factor of 1. Bear in mind my experience of PnF is next to nothing.