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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: bobster who wrote (1754)3/13/1998 1:45:00 PM
From: Ms. X  Respond to of 34808
 
These are the momentums of the individual sectors.
This measures the momentums of the stocks collectively. This is not the bullish percent.
This too answers your question. Obviously momentums are turning
negative and yes, couple this knowledge with the over extended sectors
what do you have? An overbought market. It tells you to keep an eye
open.
Here are the figures for the week.

MO.AERO -6
MO.AUTO 1.3
MO.BANK -10.7
MO.BIOM -3.7
MO.BUIL -9.0
MO.BUSI -7.0
MO.CHEM -11.0
MO.COMP -12.4
MO.DRUG -3.8
MO.ELEC -16.4
MO.EUTI 1.8
MO.FINA -6.8
MO.FOOD -5.3
MO.FORE -3.8
MO.GAME -1.6
MO.GUTI -14.0
MO.HEAL -4.2
MO.HOUS -6.3
M.OINSU -3.8
M.OLATI 0.0
M.OLEIS -6.5
M.OMACH -6.8
M.OMEDI -6.2
M.OMETA -10.0
MO.OIL -3.4
MO.OILS 2.6
MO.PREC -17.7
MO.PROT -23.3
MO.REAL -5.4
M.OREST -6.5
MO.RETA -5.0
MO.SAVI -5.4
MO.SEMI -20.0
MO.SOFT -8.7
MO.STEE -3.9
MO.TELE -5.7
MO.TEXT -2.7
MO.TRAN -4.8
MO.WALL 2.2
MO.WAST -4.8