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Steve,
What is this and how can I check it out?
I am very interested in analyzing Groups and Sectors. AIQ is
excellent for this purpose. I got Bollinger's Group Power and am
going to install it. It has about 2,000 Stocks arranged in Group and
Sectors. He has made a Fundamental Screen on them and a Screen to
assure that the Stocks correlate to the Groups. He updates this data
quarterly. AIQ has an extensive Ranking System involving Volume as
well as Price movement.
I also built Surrogate Groups based on the 10 top holdings of the
Selects. I modify this quarterly as Fidelity reports on current
holdings. This way I can analyze the Selects using Volume. I like
Arm's Equivolume approach and use this extensively against the Selects
and on individual Stocks.
I export these Groups to Metastock and use it to look at Relative
Strength and to do Explorations on a Macd of Relative Strength of the
individual Fund to a Group composed of all the Selects. I find with
this approach I have a reasonable chance of picking up a Select just
as it begins a move up in Relative Strength to all the other Selects.
IRL may add another diminution to this approach.
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