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Re: Comparative Rel Strength



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Clive:

The Telescan data base has a large number of US and others indexes. They
have a web site, www.wallstreetcity.com.

Lionel

At 08:04 AM 6/27/97 +0200, Dr Clive Roffey wrote:
>Dr Clive Roffey wrote:
>> 
>> Lionel & Jim,
>> Difficult to get quantitative RS. Best visual method is to ensure that
>> all charts are in semi-log. Short list those stocks or sectors which are
>> in up trend. Then do short list comparison against each other.
>> 
>> This sounds tedious but is'nt. Save your comparative RS as templates and
>> apply as normal. I have templates for all world indexes plus many market
>> sectors. It takes but a few minutes to sort out the leaders and
>> laggards.
>> 
>> The Excel table which I discussed previously fixes this problem in one
>> hit as the table position is both a qualitative and quantitative
>> analysis.
>> 
>> Re Point & Figure. I only use 1 point reversal charts and NOT plotted on
>> Metastock. All current programmes do NOT plot 1 point reversals in the
>> correct format. Am currently preparing an article on this for TA of
>> Stocks & Commodities. If you can find a monograph by Alexander Wheelan
>> on 1 point reversals grab it. It is the best buy you will make.
>> 
>> Just for interest the upside on the DJIA was to 7800 on the 1 point
>> count. To make a significant new high the DJIA will have to do a hell of
>> a lot of churning. No major new highs for the DJIA for some time...if
>> ever!!
>> 
>> Am still looking for a database on world indexes. Come on guys find it
>> for all of us. The world is a big place and US markets are not going to
>> be the place for investment much longer.
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