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Hi Jim,
I'd like to do what you're doing--can you give me some advice? How do you
determine which industry group to assign a stock to? Do you decide based on
your experience, or do you get the info from a database?
Thanks,
Dan
-----Original Message-----
From: Wooglinx@xxxxxxx <Wooglinx@xxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Friday, January 29, 1999 3:56 PM
Subject: Re: Data Folders in Metastock
>Steve:
>
>I use separate DATA folders for each industry I follow and I've done that
from
>day one five years ago. I did this to be able to readily compare the charts
>for each stock within the industry. Separately, I keep one folder for the
>INDICES available for each industry and another folder for weekly data for
>each industry GROUP.
>
>DATA folders include Airlines, Autos, Biotech, Chemicals, Papers, Drugs,
>Semiconductors, etc., to name a few.
>
>The major benefit to this practice is that stocks within an industry tend
to
>move together. When the move starts, a study of each chart helps to make a
>better timing selection of a stock that tends to move faster than the
others
>or has better TA support.
>
>Hope this helps.
>
>Jim Barone
>
>
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