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To: Dominick who wrote (3653)9/6/1999 4:16:00 PM
From: Gibbons Burke  Read Replies (2) | Respond to of 17977
 
You can do do comparisons between stocks easily, and you can perform technical analysis on the relationship between the two stocks by typing in the following symbol (note the space before the '/' and none after):

AOL /CMGI

This will equal 1 when the two stocks prices are equal. If it reads 1.20 it means that AOL is 20% more expensive than CMGI. If it is 0.90 it means that CMGI is 10% less.

Or, to really get fancy:

((NYSE:AOL /NASDAQ:CMGI) -1) *100

Now you have, on a percentage basis, an expression of the relative value of the two stocks. 0% means they are equal in price. 10% means AOL is 10% higher than CMGI. -10% means AOL is lower than CMGI.

If you do a Momentum study on it you can see the time-period-relative movement. For example if you have a weekly chart up and put a 13-period Momentum study on this ratio, you will get a 13-week relative strength value of AOL vs. CMGI.

Hope this helps,
--
Gibbons