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Dan,
I use the S&P industry groups or the IRL that both come with the Quotes
Plus 2 database.
JimG
-----Original Message-----
From: Dan <w4tq@xxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Friday, January 29, 1999 2:38 PM
Subject: Re: Data Folders in Metastock
>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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