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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: papi riqui who wrote (22593)7/22/1999 12:09:00 PM
From: Ms. X  Read Replies (3) | Respond to of 34811
 
I was speaking of the DWA RS not the Dow RS, which is the RS that you are referring to.

The DWA RS is a comparison of the stock in its own sector not the market. Meaning, if in X's, it is outperforming its own sector.

The Dow RS is in O's which means it is under performing the market.

So, MCTI is doing well in comparison to others in its own sector but it is under performing the market in general.