LOOKING BACK
============
(Explanations are at #msg-3562924)
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NEW HIGHS NYSE NASD (from NASD site)
12/29/04 131 78
12/30/04 134 79
12/31/04 113 77
01/03/05 39 44
01/04/05 19 18
01/05/05 19 14
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NEW LOWS NYSE NASD (from NASD site)
12/29/04 10 3
12/30/04 7 2
12/31/04 7 0
01/03/05 13 3
01/04/05 19 14
01/05/05 14 10
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VOLUME FACTOR
12/29/04 .49
12/30/04 .45
12/31/04 .43
01/03/05 .75
01/04/05 .86
01/05/05 .83
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PUT/CALL RATIO
12/29/04 .453
12/30/04 .509
12/31/04 .423
01/03/05 .506
01/04/05 .481
01/05/05 .632
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OPTIMISM
12/29/04 1.79
12/30/04 1.72
12/31/04 1.53
01/03/05 .87
01/04/05 -.24
01/05/05 -1.56
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COMPOSITE DAILY
12/29/04 12269
12/30/04 10870
12/31/04 10045
01/03/05 3688
01/04/05 -8319
01/05/05 -13943
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DIA INDEX POWER
12/29/04 108.24 1.70%
12/30/04 107.85 1.28%
12/31/04 107.51 .98%
01/03/05 107.32 .82%
01/04/05 106.30 .08%
01/05/05 105.71 -.32%
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QQQQ INDEX POWER
12/29/04 40.02 1.41%
12/30/04 39.99 1.18%
12/31/04 39.91 .92%
01/03/05 39.50 .05%
01/04/05 38.78 -1.35%
01/05/05 38.54 -1.71%
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TRIN Bretz TRIN-5
12/29/04 .99 4.45
12/30/04 1.19 4.82
12/31/04 1.20 5.10
01/03/05 1.34 5.32
01/04/05 2.53 7.25
01/05/05 1.15 7.41
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TRINQ Bretz TRINQ-5
12/29/04 .71 4.41
12/30/04 .60 4.27
12/31/04 .99 4.55
01/03/05 1.03 4.83
01/04/05 1.33 4.66
01/05/05 1.05 5.00
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VXN INDEX WEIGHTED
12/29/04 17.72 17.70
12/30/04 17.94 17.83
12/31/04 18.58 18.12
01/03/05 19.50 18.59
01/04/05 20.06 19.18
01/05/05 20.18 19.65
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VXO INDEX WEIGHTED
12/29/04 12.47 12.16
12/30/04 12.86 12.44
12/31/04 13.58 12.90
01/03/05 14.20 13.41
01/04/05 14.13 13.76
01/05/05 13.97 13.93
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NASDAQ INDEX POWER
12/29/04 2177.00 2.20%
12/30/04 2178.34 2.04%
12/31/04 2175.44 1.81%
01/03/05 2152.15 .89%
01/04/05 2107.86 -.71%
01/05/05 2091.24 -1.19%
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DJ-30 INDEX POWER
12/29/04 10829.19 1.76%
12/30/04 10800.30 1.41%
12/31/04 10783.01 1.22%
01/03/05 10729.43 .79%
01/04/05 10630.78 .08%
01/05/05 10597.83 -.12%
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DJ Bonds INDEX POWER
12/29/04 184.47 .00
12/30/04 185.23 .32%
12/31/04 185.88 .56%
01/03/05 186.03 .57%
01/04/05 185.23 .20%
01/05/05 185.41 .27%
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US Dollar INDEX POWER
12/29/04 80.85 -1.44%
12/30/04 80.53 -1.66%
12/31/04 80.86 -1.24%
01/03/05 81.36 -.70%
01/04/05 82.52 .38%
01/05/05 82.57 .34%
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HUI INDEX POWER
12/29/04 215.15 -4.20%
12/30/04 214.35 -4.33%
12/31/04 215.33 -3.78%
01/03/05 206.54 -7.04%
01/04/05 202.15 -8.36%
01/05/05 201.76 -7.89%
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NYSE INDEX POWER
12/29/04 7242.24 1.95%
12/30/04 7253.56 1.91%
12/31/04 7250.06 1.76%
01/03/05 7179.71 .94%
01/04/05 7090.52 -.01%
01/05/05 7055.21 -.32%
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S&P 500 INDEX POWER
12/29/04 1213.45 1.64%
12/30/04 1213.55 1.49%
12/31/04 1211.92 1.29%
01/03/05 1202.08 .62%
01/04/05 1188.05 -.27%
01/05/05 1183.74 -.47%
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McClellan INDEX
12/29/04 2238.92
12/30/04 2268.97
12/31/04 2287.48
01/03/05 2225.46
01/04/05 2085.06
01/05/05 1890.74
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XGLD INDEX POWER
12/29/04 435.90 -1.04%
12/30/04 436.90 -.81%
12/31/04 437.80 -.60%
01/03/05 429.10 -2.21%
01/04/05 426.80 -2.51%
01/05/05 426.10 -2.47%
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XOI INDEX POWER
12/29/04 723.01 .75%
12/30/04 720.83 .37%
12/31/04 721.12 .33%
01/03/05 699.82 -1.99%
01/04/05 694.79 -2.36%
01/05/05 691.91 -2.45%
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SUMMARY OF IMPRESSIONS FROM "LOOKING BACK" (above)
==================================================
01/05 I guess Keynes was right, the market can stay
irrational longer than I can stay solvent. Our
Optimism Index is pessimistic and the overall
rating on our Group Activity Report has gone
negative. I don't know if it's over, but it
better lighten up soon or I'll be down in that
cardboard shack under the bridge with Marie.
Shoot! Even Ol' McClellan tanked. The dollar
index was steady as was XGLD. XOI slipped a bit.
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01/04 Our Optimism Index went negative. For those who keep
an eye on my Group Activity Report, you can see that the
rating has taken gas. That's relatively unusual and
suggests confirmation of the widespread malaise we see
in the indices. I can't say whether the sell-off has been
overdone, but it has been quite sharp. TRIN popped up
today. McClellan was weak. The dollar index had a very
strong day, up over a buck. XGLD and XOI both fell.
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01/03 Our Optimism Index is looking a little glum
tonight. VXN/VXO are trending up. The dollar
index was up, XGLD was down and XOI tanked.
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12/31 Our Optimism Index is finishing the year at
a bullish level but in a bit of downtrend. The
dollar index made back yesterday's loss, XGLD edged
up a little, and XOI was steady.
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12/30 McClellan seems to have bottomed (for now). The
dollar index slipped a little, XGLD and XOI were steady.
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12/29 The dollar index was steady, XGLD fell almost
$8.00, and XOI was up a little.
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AI
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