|
PureBytes Links
Trading Reference Links
|
Jayson,
Thank you for your input....I am trying to confirm
my own explorations in AB to see if they match others using AB or match other
findings on different web sites. Doing my exploration, I get the Information
Sector as the leading Sector......whereas you have it listed 2nd from the
bottom....
What is the purpose of the Universe / index Sector
? Couldn't you just rank them as to which one is outperforming the others ?
Outperforming the S&P 500 ?
Would you be willing to share your formula
?
After you find the leading Sector , How do you find
the leading Industry in that Sector and then , How do you find the leading
Stocks in the Industry......I am trying to put this all together in AB....but
have been running into Roadblocks....probably my own doing...:(
TIA
Anthony
----- Original Message -----
<BLOCKQUOTE
>
<DIV
>From:
Jayson
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Wednesday, September 24, 2003 12:59
AM
Subject: RE: [amibroker] Sector and
industry analysis
<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="gif00536.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 analysis
Could 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
certified Virus Free.Checked by AVG anti-virus system (<A
href="">http://www.grisoft.com).Version:
6.0.520 / Virus Database: 318 - Release Date:
9/18/2003Send BUG REPORTS to
bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
Send BUG REPORTS to bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
<BLOCKQUOTE
><FONT
face="Courier New">---Outgoing mail is certified Virus
Free.Checked by AVG anti-virus system (<A
href="">http://www.grisoft.com).Version: 6.0.520
/ Virus Database: 318 - Release Date:
9/19/2003
Yahoo! Groups Sponsor
ADVERTISEMENT
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Attachment:
Description: ""
|