To: Gottfried who wrote (29906 ) 5/5/1999 12:24:00 PM From: Paul V. Read Replies (1) | Respond to of 70976
Gottfried and threaders, following are the DW bull percentages for the week. Note that Asia, Latin America and the Oil Service Sectors are now in the Overbought area (above the 70% range) as well as two of the leading indicators, 10week and hilo. Asia and Latin America sure has rebounded from its lows and Jacob Snyder and others who have bought the Oils Service have reaped the rewards of investing in the Oil Services when they were in the oversold are (beneath the 30% level). Currently, there is only one sector below the 30% level, Electric Utilities. Twenty three sectors are 50% or above and 20 sectors below the mean (average), 50% level. IMO, the market is continuing to move up as reflected in the DW NYSE, and OTC and Sector Bull Percentages. 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)." Sroll to the right to see all data if needed. Paul SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent 4/6/99 4/13/99 4/20/99 4/27/99 5/04/99 10week 42.16 10week 50.54 10week 64.43 10week 71.1 10week 73.96 LEADING INDICATOR #1 30week 39.77 30week 43.33 30week 53.41 30week 58.3 30week 60.1 LEADING INDICATOR #4 bpaero 44.1 bpaero 41.6 bpaero 58.4 bpaero 59.3 bpaero 62.6 bpasia 42.6 bpasia 49 bpasia 61.2 bpasia 71.4 bpasia 77.6 bpauto 45.6 bpauto 50 bpauto 57.7 bpauto 57.7 bpauto 57.7 bpbank 39.9 bpbank 41.4 bpbank 42.2 bpbank 46.3 bpbank 47 bpbiom 36.3 bpbiom 36.3 bpbiom 31.8 bpbiom 42.4 bpbiom 42.3 bpbuil 36.6 bpbuil 39.6 bpbuil 47.6 bpbuil 49.4 bpbuil 51.5 bpbusi 32.9 bpbusi 31.9 bpbusi 35.6 bpbusi 40 bpbusi 45.8 bpchem 23.4 bpchem 28 bpchem 50.5 bpchem 54.2 bpchem 58.9 bpcomp 36.6 bpcomp 36.9 bpcomp 33.3 bpcomp 45.9 bpcomp 47.7 bpdrug 35.9 bpdrug 40.2 bpdrug 33.8 bpdrug 38.6 bpdrug 36.4 bpelec 40.9 bpelec 40 bpelec 36 bpelec 45 bpelec 47 bpeuro 60.7 bpeuro 64.3 bpeuro 64.3 bpeuro 62.1 bpeuro 62.1 bpeuti 32.9 bpeuti 31.4 bpeuti 31.8 bpeuti 29.4 bpeuti 29.8 bpfina 33.6 bpfina 41 bpfina 42 bpfina 52.1 bpfina 55.9 bpfood 32 bpfood 31.7 bpfood 36.1 bpfood 42.8 bpfood 43.3 bpfore 44.2 bpfore 44.2 bpfore 61.5 bpfore 60.8 bpfore 68 bpgame 45.7 bpgame 41.3 bpgame 43.5 bpgame 52.2 bpgame 56.5 bpguti 33.8 bpguti 33.8 bpguti 39.1 bpguti 44.9 bpguti 46.6 bpheal 31.7 bpheal 29.4 bpheal 30.6 bpheal 39.1 bpheal 41.3 bphous 38.9 bphous 41.1 bphous 42.5 bphous 46.2 bphous 50 bpinet 71.43 bpinet 82.3 bpinet 27.35 bpinet 63.2 bpinet 38.28 bpinsu 40.9 bpinsu 40.2 bpinsu 39.4 bpinsu 48.1 bpinsu 52.2 bplati 66.1 bplati 72.2 bplati 77.8 bplati 76.4 bplati 76.4 bpleis 34.8 bpleis 36.5 bpleis 40.4 bpleis 44.4 bpleis 49.5 bpmach 36.2 bpmach 36.4 bpmach 46.2 bpmach 47.4 bpmach 52 bpmedi 56.1 bpmedi 62.3 bpmedi 47.7 bpmedi 58.3 bpmedi 60.6 bpmeta 30.9 bpmeta 37 bpmeta 56.8 bpmeta 61 bpmeta 67.1 bpnyse 40.4 bpnyse 43.4 bpnyse 49.6 bpnyse 53.8 bpnyse 56.6 NEW YORK STOCK EXCHG. bpoil 39 bpoil 39.6 bpoil 48.4 bpoil 52.5 bpoil 60.4 bpoils 55.7 bpoils 52.6 bpoils 66 bpoils 67 bpoils 74.2 bpopti 44.48 bpopti 46.47 bpopti 48.6 bpopti 57.07 bpopti 58.19 LEADING INDICATOR #2 bpotc 40.8 bpotc 41.6 bpotc 40.6 bpotc 50 bpotc 51.2 OVER-THE-COUNTER bpprec 29.6 bpprec 29.6 bpprec 35.2 bpprec 35.2 bpprec 38.9 bpprot 33.3 bpprot 35.7 bpprot 35.7 bpprot 38.1 bpprot 35.7 bpreal 23.4 bpreal 22.3 bpreal 27.4 bpreal 29.8 bpreal 33.8 bprest 42.5 bprest 41.4 bprest 41.4 bprest 42.5 bprest 44.8 bpreta 40.2 bpreta 44.8 bpreta 46.3 bpreta 50.4 bpreta 52.4 bpsavi 43.6 bpsavi 43.6 bpsavi 44.8 bpsavi 45.4 bpsavi 42.6 bpsemi 54.5 bpsemi 46.9 bpsemi 40.4 bpsemi 55 bpsemi 51.5 bpsoft 37.4 bpsoft 41.3 bpsoft 35.9 bpsoft 48.5 bpsoft 47.1 bpstee 25 bpstee 32 bpstee 51.5 bpstee 56.7 bpstee 60.8 bptele 48.6 bptele 53.1 bptele 48.4 bptele 56 bptele 55.9 bptext 36.5 bptext 38.1 bptext 38.1 bptext 40 bptext 43.8 bptrans 31.5 bptrans 26.4 bptrans 35.2 bptrans 40.2 bptran 53.3 bpwall 57.4 bpwall 69.1 bpwall 50 bpwall 57.1 bpwall 50.9 bpwast 26.1 bpwast 24.6 bpwast 33.8 bpwast 35.8 bpwast 40 HiLo 26.3 HiLo 42.13 HiLo 58.59 HiLo 69.13 HiLo 76.08 LEADING INDICATOR #3 NUMERICAL RANKING BELOW SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent SECTOR Percent 4/6/99 4/13/99 4/20/99 4/27/99 5/04/99 bpinet 71.43 bpinet 82.3 bplati 77.8 bplati 76.4 bpasia 77.6 bplati 66.1 bplati 72.2 bpoils 66 bpasia 71.4 bplati 76.4 bpeuro 60.7 bpwall 69.1 10week 64.43 10week 71.1 HiLo 76.08 LEADING INDICATOR #3 bpwall 57.4 bpeuro 64.3 bpeuro 64.3 HiLo 69.13 bpoils 74.2 bpmedi 56.1 bpmedi 62.3 bpfore 61.5 bpoils 67 10week 73.96 LEADING INDICATOR #1 bpoils 55.7 bptele 53.1 bpasia 61.2 bpinet 63.2 bpfore 68 bpsemi 54.5 bpoils 52.6 HiLo 58.59 bpeuro 62.1 bpmeta 67.1 bptele 48.6 10week 50.54 bpaero 58.4 bpmeta 61 bpaero 62.6 bpgame 45.7 bpauto 50 bpauto 57.7 bpfore 60.8 bpeuro 62.1 bpauto 45.6 bpasia 49 bpmeta 56.8 bpaero 59.3 bpstee 60.8 bpopti 44.48 bpsemi 46.9 30week 53.41 bpmedi 58.3 bpmedi 60.6 bpfore 44.2 bpopti 46.47 bpstee 51.5 30week 58.3 bpoil 60.4 bpaero 44.1 bpreta 44.8 bpchem 50.5 bpauto 57.7 30week 60.1 LEADING INDICATOR #4 bpsavi 43.6 bpfore 44.2 bpwall 50 bpwall 57.1 bpchem 58.9 bpasia 42.6 bpsavi 43.6 bpnyse 49.6 bpopti 57.07 bpopti 58.19 LEADING INDICATOR #2 bprest 42.5 bpnyse 43.4 bpopti 48.6 bpstee 56.7 bpauto 57.7 10week 42.16 30week 43.33 bptele 48.4 bptele 56 bpnyse 56.6 NEW YORK STOCK EXCHG. bpinsu 40.9 HiLo 42.13 bpoil 48.4 bpsemi 55 bpgame 56.5 bpelec 40.9 bpotc 41.6 bpmedi 47.7 bpchem 54.2 bptele 55.9 bpotc 40.8 bpaero 41.6 bpbuil 47.6 bpnyse 53.8 bpfina 55.9 bpnyse 40.4 bprest 41.4 bpreta 46.3 bpoil 52.5 bptran 53.3 bpreta 40.2 bpbank 41.4 bpmach 46.2 bpgame 52.2 bpreta 52.4 bpbank 39.9 bpsoft 41.3 bpsavi 44.8 bpfina 52.1 bpinsu 52.2 30week 39.77 bpgame 41.3 bpgame 43.5 bpreta 50.4 bpmach 52 bpoil 39 bphous 41.1 bphous 42.5 bpotc 50 bpsemi 51.5 bphous 38.9 bpfina 41 bpbank 42.2 bpbuil 49.4 bpbuil 51.5 bpsoft 37.4 bpinsu 40.2 bpfina 42 bpsoft 48.5 bpotc 51.2 OVER-THE-COUNTER bpcomp 36.6 bpdrug 40.2 bprest 41.4 bpinsu 48.1 bpwall 50.9 bpbuil 36.6 bpelec 40 bpotc 40.6 bpmach 47.4 bphous 50 bptext 36.5 bpoil 39.6 bpsemi 40.4 bpbank 46.3 bpleis 49.5 bpbiom 36.3 bpbuil 39.6 bpleis 40.4 bphous 46.2 bpcomp 47.7 bpmach 36.2 bptext 38.1 bpinsu 39.4 bpcomp 45.9 bpsoft 47.1 bpdrug 35.9 bpmeta 37 bpguti 39.1 bpsavi 45.4 bpelec 47 bpleis 34.8 bpcomp 36.9 bptext 38.1 bpelec 45 bpbank 47 bpguti 33.8 bpleis 36.5 bpfood 36.1 bpguti 44.9 bpguti 46.6 bpfina 33.6 bpmach 36.4 bpelec 36 bpleis 44.4 bpbusi 45.8 bpprot 33.3 bpbiom 36.3 bpsoft 35.9 bpfood 42.8 bprest 44.8 bpeuti 32.9 bpprot 35.7 bpprot 35.7 bprest 42.5 bptext 43.8 bpbusi 32.9 bpguti 33.8 bpbusi 35.6 bpbiom 42.4 bpfood 43.3 bpfood 32 bpstee 32 bptrans 35.2 bptrans 40.2 bpsavi 42.6 bpheal 31.7 bpbusi 31.9 bpprec 35.2 bptext 40 bpbiom 42.3 bptrans 31.5 bpfood 31.7 bpwast 33.8 bpbusi 40 bpheal 41.3 bpmeta 30.9 bpeuti 31.4 bpdrug 33.8 bpheal 39.1 bpwast 40 bpprec 29.6 bpprec 29.6 bpcomp 33.3 bpdrug 38.6 bpprec 38.9 HiLo 26.3 bpheal 29.4 bpeuti 31.8 bpprot 38.1 bpinet 38.28 bpwast 26.1 bpchem 28 bpbiom 31.8 bpwast 35.8 bpdrug 36.4 bpstee 25 bptrans 26.4 bpheal 30.6 bpprec 35.2 bpprot 35.7 bpreal 23.4 bpwast 24.6 bpreal 27.4 bpreal 29.8 bpreal 33.8 bpchem 23.4 bpreal 22.3 bpinet 27.35 bpeuti 29.4 bpeuti 29.8