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Strategies & Market Trends : TA-Quotes Plus

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To: Joe Barger who wrote (5673)7/30/1998 4:51:00 PM
From: Richard Estes  Read Replies (2) of 11149
 
How do you select the strongest groups and, then, stocks within the groups? Price, volume, time.
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I select the strongest stocks based on Price Volume and Time then review the groups they belong to.

I track IBD for groups. I consider it, a minor thing in big picture, a confirmer not a decision maker. The fad of the week type thing. Often I am unaware of what a stock does or what group it is in. It is more a cocktail hour talk thing, when someone asked what stock you are in, it makes them feel better if you can name industry too.

I wish QP had all the tools I used in all my other software. But at $18-22 a month, I can see why Gary must allocate time and features. He has done a great job, IMO.

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