Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David N. Jones who wrote (4104)	6/25/1998 10:33:00 AM
From: james ball	Read Replies (2) of 34808

David the stocks used in the NYSEBP are straight equity, no prefereds, but closed end equity funds but no warrants, or nuveen etc. Straight equity type stocks. The broad sectors are made up of he O'Neil subgroups for a particular sector. The reason sub groups cannot be used in a bullish percent is there is a requirment of 100 minimum stocks to make the index statistically significant. some secotrs carry less because there just aren't enough stocks to fill the 100 but we try to get as close as possible. Our other BP's are done with a minimum of 100 like the 120 laragest cap stocks in the S&P, OEX, etc. In Austrailia you might have to have one BP on the overall market and one on each Economic Sector like Energy related which might include enough stocks to go around. the small sub groups are best viewed as Relative strentgh charts vs the broad average like the All Ordinary you deal with. Tom Dorsey

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next