To: Paul V. who wrote (25290 ) 10/21/1998 2:14:00 PM From: Paul V. Read Replies (2) | Respond to of 70976
Gottfried and threaders, Good News Following are the Bull Percentages for this week as sorted, first, according to the sector, market and leading indicators and, then, according to their numerical ranking. I have posted only the last few weeks of data rather than going back to February 17, 1998. Those who wish to go further back can go to my portfolio and retrieve my earlier post prior to this week.NOTE: The NYSE, OTC, OPTIONS 10WEEK, 30WEEK moving average and the hilo, SEMI'S, in Tom Dorsey terms, are in a column of "X" (upwarded movement) all showing reversals up this week. According to the Dorsey Wright method the tendency is that once a sector breaks above 30% it runs up to 50-70% or above. Therefore, the market in general and some sectors look very good. Last week we only had 4 sectors above 30%. However, this week we have 19 sectors above the 30% level. Only one sector is in the overbought area-Electric Utilities at 81.7%. Check the following data for comparisons. What are your observations and opinions after an analysis? Naturally, the above is only my opinions and the data which I have reviewed from the Dorsey Wright site. Readers are reminded the old saving, "caveat emptor (buyer/reader beware)."Scroll to the right to see this weeks data. Paul V. SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent 9/1/98 9/8/98 9/15/98 9/22/98 9/29/98 10/6/98 10/13/98 10/20/98 10week 8.25 10week 13.57 10week 19.42 10week 27.76 10week 37.69 10week 27.76 10week 25.65 10week 53.93 LEADING INDICATOR #1 30week 11.53 30week 14.37 30week 21 30week 18.1 30week 20.79 30week 18.1 30week 17.21 30week 24.67 LEADING INDICATOR #4 bpaero 4.3 bpaero 3.3 bpaero 17.6 bpaero 24.2 bpaero 23.9 bpaero 15.2 bpaero 15.2 bpaero 40.2 bpasia 2.2 bpasia 8.9 bpasia 8.9 bpasia 8.9 bpasia 16 bpasia 16 bpasia 18 bpasia 28 bpauto 17 bpauto 15 bpauto 17.8 bpauto 19.6 bpauto 25.9 bpauto 20.4 bpauto 18.3 bpauto 28.2 bpbank 11.7 bpbank 14.9 bpbank 19.9 bpbank 26.9 bpbank 31.2 bpbank 19.6 bpbank 14.9 bpbank 29.4 bpbiom 7.3 bpbiom 13.3 bpbiom 21.2 bpbiom 24 bpbiom 32.3 bpbiom 27.3 bpbiom 19.9 bpbiom 26 bpbuil 14.8 bpbuil 14.2 bpbuil 17 bpbuil 20.5 bpbuil 23.3 bpbuil 17.6 bpbuil 12.5 bpbuil 23.9 bpbusi 9.5 bpbusi 12.7 bpbusi 14.5 bpbusi 21 bpbusi 24 bpbusi 16.3 bpbusi 12.5 bpbusi 25.6 bpchem 10.4 bpchem 9.6 bpchem 12.2 bpchem 15.7 bpchem 18.6 bpchem 15 bpchem 18.8 bpchem 32.4 bpcomp 8 bpcomp 15 bpcomp 19.6 bpcomp 25.1 bpcomp 30.5 bpcomp 18 bpcomp 16.6 bpcomp 34 bpdrug 7.5 bpdrug 17.7 bpdrug 25.7 bpdrug 32.4 bpdrug 37.8 bpdrug 27.2 bpdrug 23.8 bpdrug 36.3 bpelec 5.9 bpelec 9 bpelec 12.1 bpelec 16.2 bpelec 18.6 bpelec 11.4 bpelec 13.6 bpelec 32.3 bpeuro 29.6 bpeuro 37 bpeuro 37 bpeuro 33.3 bpeuro 34.5 bpeuro 10.3 bpeuro 6.9 bpeuro 13.8 bpeuti 69 bpeuti 65.9 bpeuti 67.1 bpeuti 65.9 bpeuti 71.4 bpeuti 80.5 bpeuti 81.7 bpeuti 81.7 bpfina 12.6 bpfina 14 bpfina 27 bpfina 26.5 bpfina 31.6 bpfina 16.3 bpfina 14.2 bpfina 32.3 bpfood 21.1 bpfood 22.6 bpfood 24.6 bpfood 28.1 bpfood 29.9 bpfood 28.9 bpfood 30.5 bpfood 40.5 bpfore 11.1 bpfore 13 bpfore 12.7 bpfore 12.7 bpfore 21.8 bpfore 21.8 bpfore 21.8 bpfore 41.8 bpgame 16.4 bpgame 16.4 bpgame 16.4 bpgame 12.7 bpgame 16.4 bpgame 13 bpgame 11.1 bpgame 18.9 bpguti 32 bpguti 30.7 bpguti 32 bpguti 33.3 bpguti 38.7 bpguti 44 bpguti 45.9 bpguti 47.9 bpheal 11.8 bpheal 17.1 bpheal 20.4 bpheal 27.9 bpheal 29.9 bpheal 19.8 bpheal 14.8 bpheal 26.9 bphous 14.3 bphous 16.8 bphous 20.3 bphous 22.9 bphous 22.2 bphous 16.2 bphous 12 bphous 25.6 bpinsu 21.3 bpinsu 22.9 bpinsu 29.1 bpinsu 31.8 bpinsu 36 bpinsu 25.1 bpinsu 19.5 bpinsu 33.1 bplati 1.9 bplati 3.8 bplati 11.3 bplati 15.1 bplati 27.6 bplati 24.1 bplati 25.9 bplati 39.7 bpleis 9.8 bpleis 10.3 bpleis 11.2 bpleis 14.2 bpleis 15.5 bpleis 11.7 bpleis 8.7 bpleis 17 bpmach 16.5 bpmach 18 bpmach 17.6 bpmach 15.5 bpmach 17.3 bpmach 13 bpmach 13.1 bpmach 24 bpmedi 22.8 bpmedi 24.4 bpmedi 22.8 bpmedi 28.3 bpmedi 34.4 bpmedi 14.4 bpmedi 11.2 bpmedi 29 bpmeta 5.1 bpmeta 7.7 bpmeta 6.4 bpmeta 9 bpmeta 13 bpmeta 10.5 bpmeta 11.8 bpmeta 21.1 bpnyse 14.7 bpnyse 17.2 bpnyse 22 bpnyse 25 bpnyse 30.1 bpnyse 24 bpnyse 23.1 bpnyse 38 NEW YORK STOCK EXCHANGE bpoil 7.1 bpoil 8.8 bpoil 18 bpoil 20.3 bpoil 25.6 bpoil 25.6 bpoil 20.2 bpoil 24.3 bpoils 6.5 bpoils 15.9 bpoils 29.9 bpoils 31.4 bpoils 34 bpoils 16.2 bpoils 12.4 bpoils 28.6 bpopti 8.67 bpopti 16.24 bpopti 24.72 bpopti 24.72 bpopti 36.78 bpopti 24.24 bpopti 23.04 bpopti 45.89 LEADING INDICATOR #2 bpotc 9.46 bpotc 16.2 bpotc 20.7 bpotc 27.1 bpotc 30.9 bpotc 19 bpotc 16.5 bpotc 35 OVER-THE-COUNTER bpprec 3.4 bpprec 12.1 bpprec 19 bpprec 20.7 bpprec 30.6 bpprec 33.9 bpprec 34.4 bpprec 34.4 bpreal 23 bpreal 21 bpreal 18.9 bpreal 20 bpreal 26.9 bpreal 23.6 bpreal 18 bpreal 21.5 bprest 12.7 bprest 12.9 bprest 14 bprest 15.2 bprest 15.3 bprest 15.3 bprest 11.2 bprest 20.6 bpreta 16.7 bpreta 19.8 bpreta 23.5 bpreta 26.5 bpreta 26 bpreta 20.9 bpreta 17.1 bpreta 34.2 bpsavi 15.5 bpsavi 18.1 bpsavi 20.7 bpsavi 23 bpsavi 27.5 bpsavi 21.6 bpsavi 12.5 bpsavi 21.6 bpsemi 4.7 bpsemi 13.2 bpsemi 15 bpsemi 13.1 bpsemi 18.1 bpsemi 9.5 bpsemi 13.3 bpsemi 41.9 bpsoft 9.7 bpsoft 16.4 bpsoft 21.2 bpsoft 25.2 bpsoft 32.9 bpsoft 17.6 bpsoft 20 bpsoft 40.4 bpstee 5.6 bpstee 7 bpstee 7 bpstee 7.1 bpstee 13.2 bpstee 11.9 bpstee 11.9 bpstee 17.9 bptele 9.7 bptele 16.3 bptele 19 bptele 22.9 bptele 28.7 bptele 17.8 bptele 18.6 bptele 33.1 bptext 14.3 bptext 12.5 bptext 13.4 bptext 17.9 bptext 18.8 bptext 18.8 bptext 11.7 bptext 20.9 bptrans 10.6 bptrans 14.9 bptrans 16 bptrans 18.1 bptrans 20.2 bptrans 16 bptrans 16 bptrans 33.3 bpwall 19 bpwall 20.7 bpwall 27.6 bpwall 29.3 bpwall 31 bpwall 20.7 bpwall 17.2 bpwall 36.2 bpwast 20.2 bpwast 19.3 bpwast 22.7 bpwast 22.7 bpwast 27.3 bpwast 23.9 bpwast 13.8 bpwast 15.7 HiLo 9 HiLo 5.3 HiLo 4.64 HiLo 11.6 HiLo 20.4 HiLo 24.3 HiLo 14.9 HiLo 21.9 LEADING INDICATOR #3 NUMERICAL RANKING SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent 9/1/98 9/8/98 9/15/98 9/22/98 9/29/98 10/6/98 10/13/98 10/20/98 bpeuti 69 bpeuti 65.9 bpeuti 67.1 bpeuti 65.9 bpeuti 71.4 bpeuti 80.5 bpeuti 81.7 bpeuti 81.7 bpguti 32 bpeuro 37 bpeuro 37 bpeuro 33.3 bpguti 38.7 bpguti 44 bpguti 45.9 10week 53.93 LEADING INDICATOR #1 bpeuro 29.6 bpguti 30.7 bpguti 32 bpguti 33.3 bpdrug 37.8 bpprec 33.9 bpprec 34.4 bpguti 47.9 bpreal 23 bpmedi 24.4 bpoils 29.9 bpoils 31.4 10week 37.69 bpfood 28.9 bpfood 30.5 bpopti 45.89 LEADING INDICATOR #2 bpmedi 22.8 bpinsu 22.9 bpinsu 29.1 bpinsu 31.8 bpopti 36.78 10week 27.76 bplati 25.9 bpsemi 41.9 bpinsu 21.3 bpfood 22.6 bpwall 27.6 bpheal 27.9 bpinsu 36 bpbiom 27.3 10week 25.65 bpfore 41.8 bpfood 21.1 bpreal 21 bpfina 27 10week 27.76 bpeuro 34.5 bpdrug 27.2 bpdrug 23.8 bpfood 40.5 bpwast 20.2 bpwall 20.7 bpdrug 25.7 bpwall 29.3 bpmedi 34.4 bpoil 25.6 bpnyse 23.1 bpsoft 40.4 bpwall 19 bpreta 19.8 bpopti 24.72 bpfina 26.5 bpoils 34 bpinsu 25.1 bpopti 23.04 bpaero 40.2 bpauto 17 bpwast 19.3 bpfood 24.6 bpdrug 32.4 bpsoft 32.9 HiLo 24.3 bpfore 21.8 bplati 39.7 bpreta 16.7 bpsavi 18.1 bpreta 23.5 bpsoft 25.2 bpbiom 32.3 bpopti 24.24 bpoil 20.2 bpnyse 38 NEW YORK STOCK EXCHG. bpmach 16.5 bpmach 18 bpmedi 22.8 bpnyse 25 bpfina 31.6 bplati 24.1 bpsoft 20 bpdrug 36.3 bpgame 16.4 bpdrug 17.7 bpwast 22.7 bpopti 24.72 bpbank 31.2 bpnyse 24 bpbiom 19.9 bpwall 36.2 bpsavi 15.5 bpnyse 17.2 bpnyse 22 bpfood 28.1 bpwall 31 bpwast 23.9 bpinsu 19.5 bpotc 35 OVER-THE-COUNTER bpbuil 14.8 bpheal 17.1 bpsoft 21.2 bpreta 26.5 bpotc 30.9 bpreal 23.6 bpchem 18.8 bpprec 34.4 bpnyse 14.7 bphous 16.8 bpbiom 21.2 bpmedi 28.3 bpprec 30.6 bpfore 21.8 bptele 18.6 bpreta 34.2 bptext 14.3 bpsoft 16.4 30week 21 bpwast 22.7 bpcomp 30.5 bpsavi 21.6 bpauto 18.3 bpcomp 34 bphous 14.3 bpgame 16.4 bpsavi 20.7 bpbiom 24 bpnyse 30.1 bpreta 20.9 bpreal 18 bptrans 33.3 bprest 12.7 bptele 16.3 bpotc 20.7 bpsavi 23 bpfood 29.9 bpwall 20.7 bpasia 18 bptele 33.1 bpfina 12.6 bpopti 16.24 bpheal 20.4 bpotc 27.1 bpheal 29.9 bpauto 20.4 30week 17.21 bpinsu 33.1 bpheal 11.8 bpotc 16.2 bphous 20.3 bphous 22.9 bptele 28.7 bpheal 19.8 bpwall 17.2 bpchem 32.4 bpbank 11.7 bpoils 15.9 bpbank 19.9 bpbank 26.9 bplati 27.6 bpbank 19.6 bpreta 17.1 bpfina 32.3 30week 11.53 bpcomp 15 bpcomp 19.6 bpcomp 25.1 bpsavi 27.5 bpotc 19 bpcomp 16.6 bpelec 32.3 bpfore 11.1 bpauto 15 10week 19.42 bptele 22.9 bpwast 27.3 bptext 18.8 bpotc 16.5 bpbank 29.4 bptrans 10.6 bptrans 14.9 bptele 19 bpprec 20.7 bpreal 26.9 30week 18.1 bptrans 16 bpmedi 29 bpchem 10.4 bpbank 14.9 bpprec 19 bpreal 20 bpreta 26 bpcomp 18 bpaero 15.2 bpoils 28.6 bpleis 9.8 30week 14.37 bpreal 18.9 bpoil 20.3 bpauto 25.9 bptele 17.8 HiLo 14.9 bpauto 28.2 bptele 9.7 bpbuil 14.2 bpoil 18 bpauto 19.6 bpoil 25.6 bpsoft 17.6 bpbank 14.9 bpasia 28 bpsoft 9.7 bpfina 14 bpauto 17.8 bpmach 15.5 bpbusi 24 bpbuil 17.6 bpheal 14.8 bpheal 26.9 bpbusi 9.5 10week 13.57 bpmach 17.6 bpaero 24.2 bpaero 23.9 bpfina 16.3 bpfina 14.2 bpbiom 26 bpotc 9.46 bpbiom 13.3 bpaero 17.6 bpbuil 20.5 bpbuil 23.3 bpbusi 16.3 bpwast 13.8 bphous 25.6 HiLo 9 bpsemi 13.2 bpbuil 17 bpgame 12.7 bphous 22.2 bpoils 16.2 bpelec 13.6 bpbusi 25.6 bpopti 8.67 bpfore 13 bpgame 16.4 30week 18.1 bpfore 21.8 bphous 16.2 bpsemi 13.3 30week 24.67 LEADING INDICATOR #4 10week 8.25 bprest 12.9 bptrans 16 bptrans 18.1 30week 20.79 bptrans 16 bpmach 13.1 bpoil 24.3 bpcomp 8 bpbusi 12.7 bpsemi 15 bpsemi 13.1 HiLo 20.4 bpasia 16 bpsavi 12.5 bpmach 24 bpdrug 7.5 bptext 12.5 bpbusi 14.5 bpbusi 21 bptrans 20.2 bprest 15.3 bpbusi 12.5 bpbuil 23.9 bpbiom 7.3 bpprec 12.1 bprest 14 bprest 15.2 bptext 18.8 bpaero 15.2 bpbuil 12.5 HiLo 21.9 LEADING INDICATOR #3 bpoil 7.1 bpleis 10.3 bptext 13.4 bptext 17.9 bpchem 18.6 bpchem 15 bpoils 12.4 bpsavi 21.6 bpoils 6.5 bpchem 9.6 bpfore 12.7 bpfore 12.7 bpelec 18.6 bpmedi 14.4 bphous 12 bpreal 21.5 bpelec 5.9 bpelec 9 bpchem 12.2 bpchem 15.7 bpsemi 18.1 bpmach 13 bpstee 11.9 bpmeta 21.1 bpstee 5.6 bpasia 8.9 bpelec 12.1 bpelec 16.2 bpmach 17.3 bpgame 13 bpmeta 11.8 bptext 20.9 bpmeta 5.1 bpoil 8.8 bplati 11.3 bplati 15.1 bpgame 16.4 bpstee 11.9 bptext 11.7 bprest 20.6 bpsemi 4.7 bpmeta 7.7 bpleis 11.2 bpleis 14.2 bpasia 16 bpleis 11.7 bprest 11.2 bpgame 18.9 bpaero 4.3 bpstee 7 bpasia 8.9 bpasia 8.9 bpleis 15.5 bpelec 11.4 bpmedi 11.2 bpstee 17.9 bpprec 3.4 HiLo 5.3 bpstee 7 HiLo 11.6 bprest 15.3 bpmeta 10.5 bpgame 11.1 bpleis 17 bpasia 2.2 bplati 3.8 bpmeta 6.4 bpstee 7.1 bpstee 13.2 bpeuro 10.3 bpleis 8.7 bpwast 15.7 bplati 1.9 bpaero 3.3 HiLo 4.64 bpmeta 9 bpmeta 13 bpsemi 9.5 bpeuro 6.9 bpeuro 13.8