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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Big Bucks who wrote (24659)	9/27/1998 4:56:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Bucks, you asked >Anyone have any rememberance/data that shows what stocks/sectors performed well in '87 or '90 under similar circumstances??< Read "Anatomy of a market correction" exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com This covers Oct'97, but the lessons are valuable. Especially Tom Dorsey's comments. I know you don't use PnF, so just try to remember over 70% of stocks bullish (=on a TA buy rec) means overbought, under 30% means oversold. That goes for the NYSE as well as for a single sector. The last link has histograms showing sector bullish% before and after the correction. The sectors with a high bp after the correction held up well. But the sectors with a low bp have the potential. GM