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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (6551)6/27/2002 8:13:35 PM
From: quote 007  Read Replies (1) | Respond to of 17639
 
a quote from dorseywright on sectors

The market has been ugly and we have seen weakness in these charts on a broad scale, in fact, all but 4 sectors are in O's at this time. Keep in mind that the average of the bullish percent charts is still moderate, with room to the downside, having worked off much of the excess risk, but still not considered oversold on a broad basis. The average sector is now at 47.3%.



To: Jorj X Mckie who wrote (6551)6/27/2002 8:31:28 PM
From: SmoothSail  Respond to of 17639
 
I think it's because the grubbers are circling