|
PureBytes Links
Trading Reference Links
|
So one might gage unwarranted valuations based on some fundamental number.
The leader is in good condition, but the followers are extreme valued?
Percentage overvalued vs vauation of leaders?
or
individual momentum vs overall momentum
----- Original Message -----
From: "cwest" <cwest@xxxxxxxxxxxx>
To: "Omegalist" <omega-list@xxxxxxxxxx>
Sent: Wednesday, February 11, 2004 11:28 AM
Subject: "rising tide" research
> (Obviously) when economic conditions conduce an increase in positive
> sentiment, more stocks rise in price than not-a rising tide lifts all
> boats I believe is the adage. Is anyone aware of any research that
> delves a little more (at least) into any arbitrary factor? One could say
> that 70% of price increases occur because the market is rising, but I'd
> like to see any studies that add some depth to this.
>
> Appreciate any suggestions.
> Thanks in advance.
> Colin West
>
>
>
|