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Just a quick comment (I may be wrong ..)
As long as there is a measure that reflects the relative performance I
am fine. I mean we're now in a bear market that is supposed to either
have ended or is ending soon .. later we will have a new bull market.
The leadership will be forcused in certain sectors. It is just I would
be great to make sure to focus on the winners. It doesn't have to be
the IBD formula. Anything will work ask long as can show which
sectors and stocks within those sectors are better ..
Sam
--- In amibroker@xxxx, "Rick Parsons" <RickParsons@xxxx> wrote:
> Investors Business Daily and possibly MSN may not calculate a
straight RS. IBD uses a proprietary formula where they give more
weight to the recent months. The exact formula is not disclosed.
Does MSN reveal their exact formula?
>
> Rick
> -----Original Message-----
> From: mroman59 [mailto:mroman59@x...]
> Sent: Monday, October 21, 2002 6:56 PM
> To: amibroker@xxxx
> Subject: [amibroker] Tomasz - RE: Relative Strength?
>
>
> Thanks for the earlier info on Relative Strength, however, I am
still
> confused because of RS reported between 0 and 100 and I think that
AB
> should be able to do this. For example, If you go to
> www.moneycentral.com/home.asp and look to the right you will see
> a "Get Quote" box. Enter in any ticker symbol and then select go
or
> enter. When the information about the stock is presented, then
look
> to the left column. Under the heading "Research" choose "Company
> Report". The information provided under "Stock Price History"
> reports Relative Strength for 1, 6, & 12 months in values between
0
> and 100. This ranking makes it easy for the investor to compare
the
> price movement (I believe) of the stock to all other stocks, no
> matter what sector or exchange they are in.
>
> Could you tell me if this value is still what you are refering to
as
> ROC and if so shouldn't AB be able to be program to filter out
stocks
> meating a ranking such as > 90?
>
> This value at MSN is what I am trying to duplicate and also what I
> think others who have posted on yahoo website are actually
interested
> in when the refer to Relative Strength.
>
> Thank You
> Mike
>
>
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