[JimStudent]

Isatrader thanks for all your insights. I would also appreciate anyone's analysis of my comments because I am new to this and using free charts.

Footnotes on pg 76 of the book talks about calculating Stan Weinstein's survey of NYSE, he says an excellent Gallup Poll is to do this for the sectors.

I put the health of the Sectors at 75% (the percentage of stage 1 &2 sectors)


What I find most interesting is that the Utilities Sector is the most unhealthiest sector (1 in stage 2, 1 in stage 3, and 3 in stage 4). The health of the utilities sector is only 20%.

In Stan Weinstein's 1997 interview (page 446) he says, "When your start to see things getting out of gear, that is a sign of a trend reversal. The sequence usually goes in this order - fist you have the utilities go. Then usually you start to usually see the Transportations go. The A/D line should come next. Then the speculative issues should top out. The last thing to top out are usually the blue chip averages."

I assume the sectors have changed since the book was written, it seems the transportation sector that Stan Weinstein referred to is now included in the Industrial Sector. Appreciate any thoughts.