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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (28429)	4/14/2000 5:30:00 PM
From: Don Pueblo	Read Replies (1) \| Respond to of 63513

ATTENTION~! SPECIAL ANNOUNCEMENT!! Guess what!!! Cheetos has a new product! I saw them today! You are not going to believe this. X and O puffs. That's right! Cheetos has actually taken my cOUSIN's advice, and produced some special Cheetos just for you. All he did was write them a letter and ax them, and they did it! I am totally serious, my cOUSIN wrote them a letter and they now have Cheetos X and O puffs. You need to get some. They are very tasty. Thank you, TLC

To: Ms. X who wrote (28429)	4/16/2000 3:52:00 PM
From: HighTech	Read Replies (1) \| Respond to of 63513

I have question about relative strength. DWA's RS, correct me if I am wrong, uses the DOW as the benchmark for comparison. There are many stocks that outperform the DOW(but possibly might not be outperforming the Naz100) and so how would one know which competing stocks to pick from many that have strong RS(outperforming the DOW)? In other words, assume you have a strong sector, five stocks in that sector from which you want to select one, and all five have just broken out and are on RS buy signals. Wouldn't it be perhaps more meaningful to compare each stock's relative performance with a stronger-performing index like the Nasdaq100 as the benchmark? After all, this index has outperformed every other index since there was a nasdaq100. And wouldn't it help to separate the real strong performers from the merely strong performers? For example, the five stocks mentioned above, when compared to the DOW all broke out in terms of RS; however, maybe only two would have broken out if the Naz100 had been used as the benchmark for comparison. Wouldn't this be helpful to the piffer in making those kind of decisions? My question itself might reveal how little I really know about how DWA uses and calculates RS. Just thinking out loud. HiTech