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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Tommy Dorsey who wrote (1787)11/16/1999 12:47:00 AM
From: Tigress  Read Replies (2) of 9427
 
Tom,

Curious about two issues:

1. Why DWA looks at different benchmarks..... MUTUAL FUNDS to be outperforming the S&P On A Ten Week Basis, yet for a STOCK'S RS to be outperforming the DOW.

2. If the S&P for one, the DOW for the other, then why not even consider the NASDAQ as a benchmark for both since technology is really the thrust forward into the future?

Tig
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