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Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER

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To: The Jedi who wrote (741)3/9/1998 1:38:00 PM
From: peter n matzke  Read Replies (1) of 836
 
Kiri, the info that i eluded to is a proprietary trading model, i can't say much more without getting some grief.

i started manually graphing the industry groups in IBD a few months ago. i have a couple years worth of issues(i'm a pack rat), the results were really quite amazing. money flow into and out of an industry group was often a straight line up or down. ie when the mutual funds decide to move money it makes a dramatic effect, and the change in direction is done very quickly.

IBD's data is not real useful for short term trading because its based 70% on recent data and 30% on older data--they are deliberately hiding the truth from the small investors.....i was told by one of the ibd reps that they charge 30k(i forgot if it was a month or a year) to institutional investors to get the real data.

food for thought
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