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<FONT face=Arial color=#0000ff
size=2>Anthony,
A lot
of my work revolves around sector rotation. My methods may not be exactly what
is found on the larger sites who compare all stocks in a given sector. Instead I
filter my Universe of stocks to around 700 based on min price, volume and
institutional ownership. I then create sector indexes with addtocomposite. From
there I compare the relative strength of each sector against the universe and
measure it using linregslope to watch for strength or weakness on a daily basis.
FWIW here are my findings (short term, 7 days) as of the close of business
today. The graphic shows the current position of each sector as well as its
history for the last 9 days. The trend of each sector can be very telling.
Notice that while Internet has been out performing the Universe for 17 days that
it is showing signs of weakness the last 3. This type of behavior is a red flag
for me that would encourage me to tighten stops in long positions and perhaps
look for bearish patterns for Shorting opportunities.
<FONT face=Arial color=#0000ff
size=2>Regards,
Jayson
<IMG alt="" hspace=0 src="gif00532.gif" align=baseline
border=0>
<FONT face=Tahoma
size=2>-----Original Message-----From: Anthony Faragasso
[mailto:ajf1111@xxxxxxxx]Sent: Tuesday, September 23, 2003 9:33
PMTo: amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] Sector
and industry analysisCould someone let me know what
Sector is outperforming the others and Whatindustry is outperforming the
others.....I am trying to confirm my findingsfor both in
Amibroker.Also, what is your source....AB, or some other site /
platform....TIAAnthony---Outgoing mail is
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