Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (7912)	10/19/2002 4:21:59 PM
From: Atin	Read Replies (1) of 57110

The Chartcraft book I have had the BPCOMP under 30 twice in 2000. The main thing with StockCharts BPs is that the data doesn't go back far enough - and I noticed that DWA's charts include a lot of stocks that may have had their last bullish signal a long time ago - basically it was impossible to match their numbers and I gave up. There was also the problem of what to include and what not to include in the list of "all stocks on the NYSE" or "all stock on the Nasdaq" etc. I figure as long as I'm self-consistent (and I have a lot of confidence that the StockCharts data for individual stocks is correct) it is good enough. And I basically just stick with $BPSPX and $BPNDX - at least those we all agree on what stocks are in there and what aren't. And it is easy to check - but of course, since I only trade the S&P futures (and sometimes NDX futures) - these are the only ones I would care about anyway. <g> -Atin

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