LOOKING BACK
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(Explanations are at #msg-3562924)
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NEW HIGHS NYSE NASD (from NASD site)
12/09/04 92 36
12/10/04 123 56
12/13/04 157 80
12/14/04 172 94
12/15/04 226 100
12/16/04 117 68
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NEW LOWS NYSE NASD (from NASD site)
12/09/04 15 11
12/10/04 12 6
12/13/04 13 3
12/14/04 11 6
12/15/04 9 6
12/16/04 11 6
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VOLUME FACTOR
12/09/04 .79
12/10/04 .65
12/13/04 .70
12/14/04 .76
12/15/04 .82
12/16/04 .84
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PUT/CALL RATIO
12/09/04 .538
12/10/04 .370
12/13/04 .416
12/14/04 .552
12/15/04 .419
12/16/04 .437
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OPTIMISM
12/09/04 -.78
12/10/04 -.79
12/13/04 -.14
12/14/04 .66
12/15/04 1.41
12/16/04 1.42
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COMPOSITE DAILY
12/09/04 6231
12/10/04 5756
12/13/04 12376
12/14/04 16505
12/15/04 21870
12/16/04 12788
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DIA INDEX POWER
12/09/04 105.38 1.61%
12/10/04 105.50 1.55%
12/13/04 106.45 2.09%
12/14/04 106.76 2.14%
12/15/04 106.85 2.02%
12/16/04 107.16 2.09%
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QQQQ INDEX POWER
12/09/04 40.05 3.48%
12/10/04 39.93 3.00%
12/13/04 40.28 3.44%
12/14/04 40.48 3.60%
12/15/04 40.33 3.07%
12/16/04 39.95 2.19%
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TRIN Bretz TRIN-5
12/09/04 .82 5.98
12/10/04 1.38 5.96
12/13/04 .72 5.69
12/14/04 .85 5.01
12/15/04 1.02 4.79
12/16/04 .67 4.64
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TRINQ Bretz TRINQ-5
12/09/04 .79 4.22
12/10/04 1.11 4.90
12/13/04 .56 5.09
12/14/04 1.14 5.61
12/15/04 1.25 4.85
12/16/04 1.15 5.21
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VXN INDEX WEIGHTED
12/09/04 19.84 19.83
12/10/04 19.57 19.82
12/13/04 18.78 19.47
12/14/04 18.58 19.09
12/15/04 18.77 18.90
12/16/04 18.60 18.73
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VXO INDEX WEIGHTED
12/09/04 13.23 13.61
12/10/04 13.20 13.47
12/13/04 13.55 13.46
12/14/04 13.45 13.42
12/15/04 13.16 13.33
12/16/04 13.01 13.22
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NASDAQ INDEX POWER
12/09/04 2129.01 2.90%
12/10/04 2128.07 2.66%
12/13/04 2148.50 3.18%
12/14/04 2159.84 3.35%
12/15/04 2162.55 3.18%
12/16/04 2146.15 2.41%
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DJ-30 INDEX POWER
12/09/04 10552.82 1.80%
12/10/04 10543.22 1.56%
12/13/04 10638.32 2.11%
12/14/04 10676.45 2.22%
12/15/04 10691.45 2.14%
12/16/04 10705.64 2.08%
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DJ Bonds INDEX POWER
12/09/04 185.97 .75%
12/10/04 185.97 .69%
12/13/04 185.71 .57%
12/14/04 185.96 .66%
12/15/04 186.77 .98%
12/16/04 186.77 .92%
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US Dollar INDEX POWER
12/09/04 82.11 -1.45%
12/10/04 82.67 -.87%
12/13/04 82.14 -1.33%
12/14/04 82.34 -1.05%
12/15/04 81.64 -1.59%
12/16/04 82.45 -.70%
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HUI INDEX POWER
12/09/04 214.85 -5.63%
12/10/04 213.56 -5.97%
12/13/04 217.38 -4.39%
12/14/04 215.97 -4.94%
12/15/04 219.38 -3.70%
12/16/04 213.88 -5.73%
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NYSE INDEX POWER
12/09/04 7048.10 1.92%
12/10/04 7028.51 1.56%
12/13/04 7102.41 2.22%
12/14/04 7124.61 2.29%
12/15/04 7159.65 2.44%
12/16/04 7131.98 1.96%
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S&P 500 INDEX POWER
12/09/04 1189.24 2.03%
12/10/04 1188.00 1.77%
12/13/04 1198.68 2.30%
12/14/04 1203.38 2.43%
12/15/04 1205.72 2.36%
12/16/04 1203.21 2.04%
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McClellan INDEX
12/09/04 2371.52
12/10/04 2299.28
12/13/04 2268.12
12/14/04 2258.04
12/15/04 2284.62
12/16/04 2252.94
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XGLD INDEX POWER
12/09/04 436.80 -.10%
12/10/04 433.40 -.60%
12/13/04 439.00 .41%
12/14/04 435.00 -.41%
12/15/04 440.50 .47%
12/16/04 436.70 -.27%
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XOI INDEX POWER
12/09/04 710.95 .18%
12/10/04 704.92 -.54%
12/13/04 717.04 .76%
12/14/04 716.84 .64%
12/15/04 725.62 1.35%
12/16/04 716.26 .31%
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SUMMARY OF IMPRESSIONS FROM "LOOKING BACK" (above)
==================================================
12/16 All good things must come to an end. Leastways,
our COMPOSITE took a pretty good hit on the increased
volume. Today made McClellan do a little dance; it
turned down after turning up yesterday. The dollar
index had a good day gaining all of yesterday's loss
and a bit more. XGLD and XOI gave back yesterday's
gains.
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12/15 Our Confidence Index is above the bullish level.
I don't wnat to be a kill-joy, but we're getting some
negative divergences in our indicators. Probably
nothing imminent, but worthy of note. The corporate
bond index is very strong and the dollar fell. XGLD
was up $5.50 and XOI was strong, too.
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12/14 Our Confidence Index has gone positive. The
dollar index was steady, XGLD was a trifle weak
and XOI was steady.
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12/13 I'm impressed. The orderly consolidation seems
to be turning into an orderly advance. Of course,
we have to keep in mind that this is quadruple-witching
week, so it could be quite volatile. McClellan resisted
the bouyancy, but it's often a little late to the party.
The dollar index gave back Friday's gain, XLGD was up
over $5 and XOI was up over $12. (minus, minus, minus,
minus. That's me, toning down my enthusiasm a little.)
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12/10 Volume moderated a bit today and our indicators
were mixed. The dollar index was up, XLGD was down
and XOI gave back the gains of the past two days.
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12/09 Much ado about nothing. We had good volume, but
went nowhere. The dollar index edged up, XGLD gave
up a little and XOI ticked up.
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AI
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