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Strategies & Market Trends : TA-Quotes Plus

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To: Gary Bollenbach who wrote (2032)9/22/1997 11:52:00 PM
From: Tom Gibbs   of 11149
 
I'm just making this up, but I think we can assume that the major and most obvious stocks in a group are in both group classifications. And that the differences are in the more fringe or hard to classify stocks. ie. a small company (Simula) makes airplane seats and train seats, and auto safety air bags. They are Aircraft parts?, Railroads?, Auto Parts? Conglomerate?

Intel, Microsoft, GM, etc. will easily be in the right catagories.

The benefits of the assumption outweight the risks. The oddballs would not have been reliable industry group plays anyway. If an Ind. Grp is up it is most unlikey that the fringe stocks did it.

Tom
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