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-----Original Message-----
From: Dean Chahley <maui@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Wednesday, May 27, 1998 2:15 PM
Subject: STKS - mkt leaders vs laggards
>RT's, I'm applying Will O'Neal's CANSLIM formula to the stock market, and
>I'm trying to determine which stocks are the real market leaders and which
>are the laggards. He says to use the relative strength line; I take it that
>if a leading stock starts to dip, it's relative strength line will decline
>as well, and vice-versa for the laggard.
>
>For somebody who has not paid attention to this aspect of the market, would
>somebody please inform me as to which stocks have been the best leaders in
>this current bull market? (so I can determine how they've been
performing...)
If you are following the BigO's canslim method, you should be subscribing
to IBD. Friday's edition has a column titled "Your Weekend Review". That is
a list of the current market leaders.
In it you'll find stocks like LU,DELL,CSCO,LOW,HD,BBY,WMT.
You should be able to use your stock charting software to search for the
leaders, most software will have some feature to accomplish that.
Jeff
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