SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (1591)2/21/1999 6:20:00 AM
From: Jim Battaglia  Read Replies (2) | Respond to of 4916
 
I agree with your strength readings. Thanks for sharing.

Here is a look at the SPDR's using Bollinger Bands:

02/18/99 -0- -A- -100- /18 /17 /16 /12 /11 /10 /09 /08 /05 /04 /03 /02
SYMBOL LOW-BB NAV HI-BB A B C D E F G H I J K L
XLF 22.33 23.67 23.93 84 69 63 41 62 8 -8 6 10 17 37 29
XLI 23.73 24.48 24.71 76 79 80 69 86 53 41 66 55 57 53 39
XLV 26.46 27.19 27.56 66 34 53 37 67 19 12 44 46 70 88 53
XLP 25.32 26.50 27.19 63 50 64 49 62 39 28 50 51 68 69 72
DIA 91.14 93.03 94.28 60 41 48 53 85 20 12 44 46 52 57 37
XLY 26.17 27.03 27.79 53 52 60 43 69 30 31 70 49 81 90 73
XLU 28.10 29.17 30.30 49 25 31 9 24 16 21 12 8 2 17 4
SPY 120.97 123.72 128.08 39 24 23 32 55 19 6 40 35 53 77 62
XLB 20.76 21.16 22.13 29 16 29 41 48 61 54 69 69 57 32 29
XLE 21.35 21.84 23.19 27 21 30 37 63 73 67 85 66 39 32 13
XLK 33.34 34.03 38.26 14 6 17 20 55 26 22 50 39 58 85 83
MDY 66.66 67.44 72.60 13 0 10 8 23 -15 -15 11 -4 16 40 17

Any investment that moves from negative to a positive
is usually a good BUY point. Also, you want to BUY before
the investment reaches the top of the band. Even Finance
is a good buy candidate as it is not yet to it's upper band
level.

Finance was a BUYING OPPORTUNITY on Feb 10th.
MDY is a BUYING OPPORTUNITY NOW using the Bollinger Band method.

------------------------

Here it is with a 5 day spread. MDY is still a BUY

02/18/99 -0- -A- -100- /18 /10 /03 /27 /20 /12 /05 /28 /18 /11 /04 /27
SYMBOL LOW-BB NAV HI-BB A B C D E F G H I J K L
XLF 22.33 23.67 23.93 84 8 37 19 50 50 50 50 50 50 50 50
XLI 23.73 24.48 24.71 76 53 53 35 50 50 50 50 50 50 50 50
XLV 26.46 27.19 27.56 66 19 88 53 50 50 50 50 50 50 50 50
XLP 25.32 26.50 27.19 63 39 69 43 50 50 50 50 50 50 50 50
DIA 91.14 93.03 94.28 60 20 57 24 57 73 87 86 33 7 49 89
XLY 26.17 27.03 27.79 53 30 90 80 50 50 50 50 50 50 50 50
XLU 28.10 29.17 30.30 49 16 17 15 50 50 50 50 50 50 50 50
SPY 120.97 123.72 128.08 39 19 77 50 76 64 86 92 73 52 78 96
XLB 20.76 21.16 22.13 29 61 32 20 50 50 50 50 50 50 50 50
XLE 21.35 21.84 23.19 27 73 32 2 50 50 50 50 50 50 50 50
XLK 33.34 34.03 38.26 14 26 85 79 50 50 50 50 50 50 50 50
MDY 66.66 67.44 72.60 13 -15 40 14 55 70 98 106 50 34 81 89






To: Julius Wong who wrote (1591)2/23/1999 12:43:00 AM
From: JR  Read Replies (1) | Respond to of 4916
 
Hey Julius, What is the new highs/new lows telling you, to be honest, since you got me looking at them, I'm not very impressed! (with the market that is)(more new lows than highs with this market rocketing up)

Take Care
JR