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Richard:
I have David Vomunds tape on Sector/Group analysis. Basically the first
sign (very early) that one of these is at a bottom is reflected in the
Price/Volume Divergence Report. This will show the price making new lows
but the OBV and MoneyFlow indicators are showing a divergence. Second sign
that shows up is when this makes it to the middle of the Group or Sector
report and show a high Delta Trend Score (big change from day ago value).
Then Last sign is when it moves to the top of the group/sector report. This
basically is a trend following system using this method. AIQ's ER ratings
are based on a counter trend following method, where the ER rating is
suggesting a change could take place in the present trend.
-----Original Message-----
From: FxCur@xxxxxxx <FxCur@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, October 21, 1997 2:31 PM
Subject: Re: AIQ Sector/Group Selection
Nice to here back from you. The question I propose is this. How do you
determine which AIQ sector or specifically which group in a sector has
bottomed out and is beginning an upward move? I am looking for some new
ideas. Any takers?
Richard J. Chehovin
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