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In this months Opening Bell MAgazine published by AIQ, David Vomund, chief
analyst at AIQ did a report in which he backtested groups to see which have
the propensity to move both up and down. In his groups that move he lists:
Advanced Medical Devices
Casinos
Footware
Health care , Providers
Home Construction
Home Furnishings & Appliance
Media-Broacasting
Metals, Precious
Office Equimpment
Recreation, Toys
Securities Brokers (#1 on the list)
Semiconductor and Related (#2 on the list)
Steel
After looking at the Group report for last night 10/20/97, I am not seeing
any groups beginning to move. That will change after today's strong market
action and possible confirming last nights ER BUY signal.
-----Original Message-----
From: FxCur@xxxxxxx <FxCur@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, October 21, 1997 12:05 PM
Subject: Re: AIQ give 95-5 BUY signal
Well guess what? Yes that is right, Telescan users got a BUY of 95-5, WAL
of
31-69 and a US of 83-17. Anyways this latest AIQ discussion has been
extemely
informative for me. Thanks to all of you for your input.
I think we have determined the best way to use ER ratings is best left up to
each users investing style.
What I would like to do is change our focus to another area. Sector and
group
selection. Could we hear from all of you AIQ users on this topic? Boy, is
this going to be GOOOOOOOOOOODDDDDDDD!!!!!!!!!!!!
Richard J. Chehovin
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