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Strategies & Market Trends : TA-Quotes Plus

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To: Tom Gibbs who wrote (2018)9/22/1997 9:03:00 PM
From: Gary Bollenbach   of 11149
 
Tom, here are the results of my comparison between IRL and IBD groups.
Each "industry group focus" box in the IBD contained 21 of the better
performing companies from the group under consideration.

IBD Computer - Financial Household- Pollution
title Services Services Office Control
Misc Furn Svcs
pub
date 9-16 9-17 9-18 9-19

IRL Computer Financial- Hsehold/ Pollution
title Services Misc Cmml Ctl-
Services Furniture Services

total 103 45 27 99
in IBD

total 94 48 29 89
in IRL

sample 21 21 21 21
size

no. of 18 15 19 20
IBD grp
in
IRL grp

% IBD 86 71 90 95
in IRL

I guess you have to draw your own conclusion about whether the statistics would
justify application of IBD analysis to the similar IRL group.

-Gary
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