Hi Mary:
Even if one is a radical, on either wing, politeness counts until flamed. Will look at the ratio thing and this is a good lead, but not what I was thinking.
I'm trying to find an automated way of finding which stocks are the movers is a sector or industry. How do you do it ?
I think Iso answered the automated thing and their inherent obsolesence. I don't get out of SI much but I'm sure there's lots of proprietary programmes being sold as sure fire investment vehicles. They're probably all making money in the P.T. Barnum tradition. Some of them might even work for a while, but the constant tweaking to try and stay ahead of the curve makes the ole grey cells work for two things. So the answer of how we do it is to read. Read Frank, Iso, Roe, VT, Peter, Russ, and Slider when he's around. You'll make your own list of great posters. For PM's you'll also find Bob Johnson, Marcos and CC, and of course guree Tom and his sidekick Searle. Just remember, nobody listens to me, so don't you either.
When I replied earlier, I had misread that sentence and thought you were looking for sector rotation. However, you can also use it to see things in each sector. Play with this for a while. Click on the PM or Oil sectors, or stretch the time box at the bottom, or move it through time. If you do all this you'll find that I'm a visual guy and like the way the sizes move and the colours change. There is actual data with all that. Right click on the percentages and change the 5% to 20% by changing it to long term. Even with all this as an old geezer, I have to "see" chart patterns in the end. I saw a double diamond the other day and was really excited.
Anyway, while I'm looking at your stuff, if you glean anything from all this let us know.
stockcharts.com
Regards
Bob |
