Let F : X × I → X be a PL
homotopy, where X is a compact connected PL n-dimensional manifold, in the
euclidean space ℝn, n ≥ 4, and let P : X ×I → X be the projection. A fixed point
of F is a point (x,t) ∈ X ×I such that F(x,t) = x. The set of all the fixed points of
F is denoted by Fix(F). For a family V of isolated circles of fixed points of F we
define two indices: ind1(F,V )—which is an element in the first homology group
H1(E), where E is the space of paths in X ×I ×X from the graph of F to the graph
of P; and ind2(F,V )—which is an element in the group ℤ2 with two elements. We
prove that there is a compact neighborhood N of V and a homotopy from F to
HrelX × I∖N such that Fix(H) =Fix(F)∖V if and only if ind1(V,F) = 0
and ind2(V,F) = 0. The indices ind1(V,f) and ind2(V,F) are defined via
the degrees, deg1(g) and deg2(g), for maps g : S1× Sm→ Sm. Moreover,
we show how to modify F to create circles of fixed points with prescribed
indices.