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

To: Mr. BSL who wrote (9549)	11/12/1998 9:22:00 PM
From: Paul V.	Read Replies (1) \| Respond to of 34811

Duke60, Lost to cyberspace<g> Following is the post I made. I do not know what happened to the post. Paul To: Paul V. (25968 ) From: Paul V. Wednesday, Nov 11 1998 11:54PM ET Reply # of 26201 Gottfried and ALL, 11/11/98 DW WEEKLY DATA. Good News/Bad news-Excellent market projection vrs Overbought areas (70% and above). 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, all showing continued movement up this week. According tothe 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. Check the tremendous change of sectors above the 30% as compared with past weeks. There are only two sectors in the oversold (Buy) area: (1) Restaurant (bprest) and (2) Waste management (bpwast). 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 10/6/98 10/13/98 10/20/98 10/27/98 11/3/98 11/10/98 10week 27.76 10week 25.65 10week 53.93 10week 63.09 10week 78.69 10week 78.73 LEADING INDICATOR #1 30week 18.1 30week 17.21 30week 24.67 30week 25.73 30week 34.76 30week 39.08 LEADING INDICATOR #4 bpaero 15.2 bpaero 15.2 bpaero 40.2 bpaero 43.5 bpaero 53.3 bpaero 55.5 bpasia 16 bpasia 18 bpasia 28 bpasia 28 bpasia 36 bpasia 50 bpauto 20.4 bpauto 18.3 bpauto 28.2 bpauto 23.6 bpauto 40.4 bpauto 45.4 bpbank 19.6 bpbank 14.9 bpbank 29.4 bpbank 34 bpbank 42.5 bpbank 49.4 bpbiom 27.3 bpbiom 19.9 bpbiom 26 bpbiom 36.6 bpbiom 43.4 bpbiom 57.7 bpbuil 17.6 bpbuil 12.5 bpbuil 23.9 bpbuil 32 bpbuil 37.1 bpbuil 42.3 bpbusi 16.3 bpbusi 12.5 bpbusi 25.6 bpbusi 35.5 bpbusi 43 bpbusi 51.4 bpchem 15 bpchem 18.8 bpchem 32.4 bpchem 40.5 bpchem 48.6 bpchem 50.9 bpcomp 18 bpcomp 16.6 bpcomp 34 bpcomp 43.9 bpcomp 52.8 bpcomp 60.6 bpdrug 27.2 bpdrug 23.8 bpdrug 36.3 bpdrug 48.3 bpdrug 55.9 bpdrug 60 bpelec 11.4 bpelec 13.6 bpelec 32.3 bpelec 48.1 bpelec 54.6 bpelec 58 bpeuro 10.3 bpeuro 6.9 bpeuro 13.8 bpeuro 24.1 bpeuro 37.9 bpeuro 48.3 bpeuti 80.5 bpeuti 81.7 bpeuti 81.7 bpeuti 77.1 bpeuti 78.3 bpeuti 79.5 bpfina 16.3 bpfina 14.2 bpfina 32.3 bpfina 38.6 bpfina 50.4 bpfina 54.2 bpfood 28.9 bpfood 30.5 bpfood 40.5 bpfood 46.6 bpfood 54.5 bpfood 57.4 bpfore 21.8 bpfore 21.8 bpfore 41.8 bpfore 45.5 bpfore 51.9 bpfore 58.9 bpgame 13 bpgame 11.1 bpgame 18.9 bpgame 28.3 bpgame 32.1 bpgame 49.1 bpguti 44 bpguti 45.9 bpguti 47.9 bpguti 51.4 bpguti 55.7 bpguti 60 bpheal 19.8 bpheal 14.8 bpheal 26.9 bpheal 35.5 bpheal 44.5 bpheal 51.5 bphous 16.2 bphous 12 bphous 25.6 bphous 37.1 bphous 44.3 bphous 52.2 bpinsu 25.1 bpinsu 19.5 bpinsu 33.1 bpinsu 39.4 bpinsu 48.8 bpinsu 55.6 bplati 24.1 bplati 25.9 bplati 39.7 bplati 44.8 bplati 53.4 bplati 55.2 bpleis 11.7 bpleis 8.7 bpleis 17 bpleis 24.9 bpleis 31.9 bpleis 39.1 bpmach 13 bpmach 13.1 bpmach 24 bpmach 31.5 bpmach 35.9 bpmach 43.5 bpmedi 14.4 bpmedi 11.2 bpmedi 29 bpmedi 42.6 bpmedi 52.5 bpmedi 57 bpmeta 10.5 bpmeta 11.8 bpmeta 21.1 bpmeta 27.6 bpmeta 31.6 bpmeta 40.8 bpnyse 24 bpnyse 23.1 bpnyse 38 bpnyse 44.5 bpnyse 52.8 bpnyse 58.2 NEW YORK STOCK EXCHG. bpoil 25.6 bpoil 20.2 bpoil 24.3 bpoil 27.2 bpoil 33.1 bpoil 37.6 bpoils 16.2 bpoils 12.4 bpoils 28.6 bpoils 52.4 bpoils 59 bpoils 56.3 bpopti 24.24 bpopti 23.04 bpopti 45.89 bpopti 55.95 bpopti 66.33 bpopti 71.71 LEADING INDICATOR #2 bpotc 19 bpotc 16.5 bpotc 35 bpotc 45.6 bpotc 55.8 bpotc 61.6 OVER-THE-COUNTER bpprec 33.9 bpprec 34.4 bpprec 34.4 bpprec 29.5 bpprec 31.7 bpprec 36.2 bpreal 23.6 bpreal 18 bpreal 21.5 bpreal 23.9 bpreal 30.7 bpreal 33.2 bprest 15.3 bprest 11.2 bprest 20.6 bprest 23.7 bprest 29.2 bprest 28.9 bpreta 20.9 bpreta 17.1 bpreta 34.2 bpreta 39.5 bpreta 49.5 bpreta 54.3 bpsavi 21.6 bpsavi 12.5 bpsavi 21.6 bpsavi 26.7 bpsavi 33.7 bpsavi 41.7 bpsemi 9.5 bpsemi 13.3 bpsemi 41.9 bpsemi 60.6 bpsemi 68.3 bpsemi 70.9 bpsoft 17.6 bpsoft 20 bpsoft 40.4 bpsoft 47.1 bpsoft 52.9 bpsoft 61.1 bpstee 11.9 bpstee 11.9 bpstee 17.9 bpstee 22.4 bpstee 28.4 bpstee 34.3 bptele 17.8 bptele 18.6 bptele 33.1 bptele 46.6 bptele 59 bptele 61.9 bptext 18.8 bptext 11.7 bptext 20.9 bptext 29.1 bptext 39.4 bptext 45 bptrans 16 bptrans 16 bptrans 33.3 bptrans 45.2 bptrans 51.6 bptrans 57 bpwall 20.7 bpwall 17.2 bpwall 36.2 bpwall 42.1 bpwall 54.4 bpwall 57.9 bpwast 23.9 bpwast 13.8 bpwast 15.7 bpwast 20.2 bpwast 23.4 bpwast 25.9 HiLo 24.3 HiLo 14.9 HiLo 21.9 HiLo 41.4 HiLo 56.3 HiLo 70.3 LEADING INDICATOR #3 NUMERICAL ORDER SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent 10/6/98 10/13/98 10/20/98 10/27/98 11/3/98 11/10/98 bpeuti 80.5 bpeuti 81.7 bpeuti 81.7 bpeuti 77.1 10week 78.69 bpeuti 79.5 bpguti 44 bpguti 45.9 10week 53.93 10week 63.09 bpeuti 78.3 10week 78.73 LEADING INDICATOR #1 bpprec 33.9 bpprec 34.4 bpguti 47.9 bpsemi 60.6 bpsemi 68.3 bpopti 71.71 LEADING INDICATOR #2 bpfood 28.9 bpfood 30.5 bpopti 45.89 bpopti 55.95 bpopti 66.33 bpsemi 70.9 10week 27.76 bplati 25.9 bpsemi 41.9 bpoils 52.4 bptele 59 HiLo 70.3 LEADING INDICATOR #3 bpbiom 27.3 10week 25.65 bpfore 41.8 bpguti 51.4 bpoils 59 bptele 61.9 bpdrug 27.2 bpdrug 23.8 bpfood 40.5 bpdrug 48.3 HiLo 56.3 bpotc 61.6 OVER-THE-COUNTER bpoil 25.6 bpnyse 23.1 bpsoft 40.4 bpelec 48.1 bpdrug 55.9 bpsoft 61.1 bpinsu 25.1 bpopti 23.04 bpaero 40.2 bpsoft 47.1 bpotc 55.8 bpcomp 60.6 HiLo 24.3 bpfore 21.8 bplati 39.7 bptele 46.6 bpguti 55.7 bpguti 60 bpopti 24.24 bpoil 20.2 bpnyse 38 bpfood 46.6 bpelec 54.6 bpdrug 60 bplati 24.1 bpsoft 20 bpdrug 36.3 bpotc 45.6 bpfood 54.5 bpfore 58.9 bpnyse 24 bpbiom 19.9 bpwall 36.2 bpfore 45.5 bpwall 54.4 bpnyse 58.2 NEW YORK STOCK EXCHG. bpwast 23.9 bpinsu 19.5 bpotc 35 bptrans 45.2 bplati 53.4 bpelec 58 bpreal 23.6 bpchem 18.8 bpprec 34.4 bplati 44.8 bpaero 53.3 bpwall 57.9 bpfore 21.8 bptele 18.6 bpreta 34.2 bpnyse 44.5 bpsoft 52.9 bpbiom 57.7 bpsavi 21.6 bpauto 18.3 bpcomp 34 bpcomp 43.9 bpnyse 52.8 bpfood 57.4 bpreta 20.9 bpreal 18 bptrans 33.3 bpaero 43.5 bpcomp 52.8 bptrans 57 bpwall 20.7 bpasia 18 bpinsu 33.1 bpmedi 42.6 bpmedi 52.5 bpmedi 57 bpauto 20.4 30week 17.21 bptele 33.1 bpwall 42.1 bpfore 51.9 bpoils 56.3 bpheal 19.8 bpwall 17.2 bpchem 32.4 HiLo 41.4 bptrans 51.6 bpinsu 55.6 bpbank 19.6 bpreta 17.1 bpelec 32.3 bpchem 40.5 bpfina 50.4 bpaero 55.5 bpotc 19 bpcomp 16.6 bpfina 32.3 bpreta 39.5 bpreta 49.5 bplati 55.2 bptext 18.8 bpotc 16.5 bpbank 29.4 bpinsu 39.4 bpinsu 48.8 bpreta 54.3 30week 18.1 bptrans 16 bpmedi 29 bpfina 38.6 bpchem 48.6 bpfina 54.2 bpcomp 18 bpaero 15.2 bpoils 28.6 bphous 37.1 bpheal 44.5 bphous 52.2 bptele 17.8 HiLo 14.9 bpauto 28.2 bpbiom 36.6 bphous 44.3 bpheal 51.5 bpsoft 17.6 bpbank 14.9 bpasia 28 bpheal 35.5 bpbiom 43.4 bpbusi 51.4 bpbuil 17.6 bpheal 14.8 bpheal 26.9 bpbusi 35.5 bpbusi 43 bpchem 50.9 bpfina 16.3 bpfina 14.2 bpbiom 26 bpbank 34 bpbank 42.5 bpasia 50 bpbusi 16.3 bpwast 13.8 bpbusi 25.6 bpbuil 32 bpauto 40.4 bpbank 49.4 bpoils 16.2 bpelec 13.6 bphous 25.6 bpmach 31.5 bptext 39.4 bpgame 49.1 bphous 16.2 bpsemi 13.3 30week 24.67 bpprec 29.5 bpeuro 37.9 bpeuro 48.3 bptrans 16 bpmach 13.1 bpoil 24.3 bptext 29.1 bpbuil 37.1 bpauto 45.4 bpasia 16 bpsavi 12.5 bpmach 24 bpgame 28.3 bpasia 36 bptext 45 bprest 15.3 bpbusi 12.5 bpbuil 23.9 bpasia 28 bpmach 35.9 bpmach 43.5 bpaero 15.2 bpbuil 12.5 HiLo 21.9 bpmeta 27.6 30week 34.76 bpbuil 42.3 bpchem 15 bpoils 12.4 bpsavi 21.6 bpoil 27.2 bpsavi 33.7 bpsavi 41.7 bpmedi 14.4 bphous 12 bpreal 21.5 bpsavi 26.7 bpoil 33.1 bpmeta 40.8 bpmach 13 bpstee 11.9 bpmeta 21.1 30week 25.73 bpgame 32.1 bpleis 39.1 bpgame 13 bpmeta 11.8 bptext 20.9 bpleis 24.9 bpleis 31.9 30week 39.08 LEADING INDICATOR #4 bpstee 11.9 bptext 11.7 bprest 20.6 bpeuro 24.1 bpprec 31.7 bpoil 37.6 bpleis 11.7 bprest 11.2 bpgame 18.9 bpreal 23.9 bpmeta 31.6 bpprec 36.2 bpelec 11.4 bpmedi 11.2 bpstee 17.9 bprest 23.7 bpreal 30.7 bpstee 34.3 bpmeta 10.5 bpgame 11.1 bpleis 17 bpauto 23.6 bprest 29.2 bpreal 33.2 bpeuro 10.3 bpleis 8.7 bpwast 15.7 bpstee 22.4 bpstee 28.4 bprest 28.9 bpsemi 9.5 bpeuro 6.9 bpeuro 13.8 bpwast 20.2 bpwast 23.4 bpwast 25.9