April 29th … Rating tables

• There is ONE sector back in the red danger zone
• Industrials have fallen out of top spot on a reduced rating value. This was a sell signal.
• This was an extremely dangerous situation that is starting to reduce dramatically.
• Money Market has moved up the table off the lows with an increased rating value above 40. This is bearish for equities.
• The Overall index rating value had another drop in rating value for a serious sell signal in February.
• The mining indexes have been pushed back into the grey zone.
• Newgold has dropped back into the grey underperforming zone.
• Gold has been pushed back to the black crazily oversold zone. Another upside move will be a strong buy signal.
• Financials have a reduced rating value. This is a sell signal.
• The Banks remain in the green zone but on a reduced rating value and a fall down the table for a sell signal.
• Industrial index remains in the top places. But on a falling rating value for a sell signal.
• Property Trusts have also dropped down the table on a lower rating value. This was detailed as a sell signal.
• The continued fall in rating values is nasty for this ridiculously overheated market.

April 22 … Rating Tables

• Unit trusts are mirrors of the market and are more representative of the top shares than the ALL SHARE index.
• In February there was a huge rise in the RED DANGER funds indicating a ridiculously overheated market.
• BUT the red sectors have been falling significantly over the past weeks.
• Coronation Industrial has fallen out of the red danger zone with a falling rating value. This indicates a sell.
• This is still a hugely overheated market.
• Coronation Equity has again fallen on a reduced rating value. This was a sell signal.
• The reduction in the pink over-performing zone on falling rating values is a sell signal.
• The rise in the green sector is a serious warning sign.
• There is no real pattern to the table as the top contains financial, industrial, balanced, aggressive and equity funds.
• The gold and commodity funds are in the bottom positions in the crazily underperforming zone.
• The move back up the table by Money Market is nasty. This indicates a switch to cash from equities.

April 15 … Rating table

• Unit trusts are mirrors of the market and are more representative of the top shares than the ALL SHARE index.
• In February there was a huge rise in the RED DANGER funds indicating a ridiculously overheated market.
• BUT the red sectors have been falling significantly over the past weeks.
• Coronation Industrial has fallen out of the red danger zone with a falling rating value. This indicates a sell.
• This is still a hugely overheated market.
• Coronation Equity has again fallen on a reduced rating value. This was a sell signal.
• The reduction in the pink over-performing zone on falling rating values is a sell signal.
• The rise in the green sector is a serious warning sign.
• There is no real pattern to the table as the top contains financial, industrial, balanced, aggressive and equity funds.
• The gold and commodity funds are in the bottom positions in the grey underperforming zone.
• The move back up the table by Money Market is nasty. This indicates a switch to cash from equities.

April 8th … Rating Table

There are no sectors in the red danger zone.
But the rating values are falling rapidly.
Industrials have fallen out of top spot on a reduced rating value. This is a sell signal.
This is an extremely dangerous situation that is starting to reduce.
Money Market has moved up the table off the lows with an increased rating value above 40.
This is bearish for equities.
The Overall index rating value had another drop in rating value plus a fall in table position for a serious sell signal in February. It has not recovered.
The mining indexes have been pushed back into the grey zone.
Newgold has moved back into the yellow zone. This was detailed a buy signal.
Gold has been pushed back to the grey zone, primarily on the effect of Gold Fields split.
Another upside move will be a strong buy signal.
Financials have fallen down the table on a reduced rating value. This is a sell signal.
The Banks remain in the lower half on a reduced rating value also for a sell signal.
Industrial index remains in the top places. But on a falling rating value for a sell signal.
Property Trusts have also dropped down the table on a lower rating value. This was detailed as a sell signal.
A continued fall in rating values from here will be nasty for this ridiculously overheated market.

April 2nd … Rating tables

There are no sectors in the red danger zone.
But the rating values are falling rapidly.
Industrials have fallen out of top spot on a reduced rating value. This is a sell signal.
This is an extremely dangerous situation that is starting to reduce.
Money Market has moved up the table off the lows with an increased rating value above 40.
This is bearish for equities.
The Overall index rating value had another drop in rating value plus a fall in table position for a serious sell signal in February. It has not recovered.
The mining indexes have been pushed back into the grey zone.
Newgold has moved back into the yellow zone. This was detailed a buy signal.
Gold has been pushed back to the grey zone, primarily on the effect of Gold Fields split.
Another upside move will be a strong buy signal.
Financials have fallen down the table on a reduced rating value. This is a sell signal.
The Banks remain in the lower half on a reduced rating value also for a sell signal.
Industrial index remains in the top places. But on a falling rating value for a sell signal.
Property Trusts have also dropped down the table on a lower rating value. This was detailed as a sell signal.
A continued fall in rating values from here will be nasty for this ridiculously overheated market.