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Jim,
I follow the S&P only so I can't answer your question definitively.  According
to the book, all stocks in a group follow the same trend.  Similarly to the
thought of a sector, some will outperform and others will underperform, and all
not at the same time.
The book i think is $175.
John
James inLA wrote:
> In a message dated 98-01-27 16:12:26 EST, you write:
>
> << I have the book and in my short time frame for trading it is helpful as a
>  guide of market direction.  It is just another tool in the toolbag, but not
>  the primary weapon.
>
>  Hope this helps.
>  John >>
> John,
> Do all the stocks in a group tend to follow the same cycle?  How much is the
> book?  Thanks.
>
> Jim
 
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