Silicon Investor (SI) -- The First Internet Community

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (31745)	10/2/2000 4:58:52 PM
From: PMG	Respond to of 42787

Especially because they are weighted it should work, when you also weigh the the market cap of the whole indexes as what we want to measure is the money flow... but right, it is much more complicated than it seem because the calculation should cover the biggest part of the market... I'd really like to play with stuff like this if I had the data in Excel or so and a convenient way for daily updates... As you are one of the best charters I know I'm suprised again that you don't use complex math tools... cu PMG:)

To: donald sew who wrote (31745)	10/2/2000 5:38:24 PM
From: Trading Machine	Read Replies (2) \| Respond to of 42787

Don, I have been seeing posts for the last couple of months dealing with "sector rotation" and I must chime in. I have a charting tool that allows me to put up four windows each containing a chart of a different index. I have chosen to track the NDX, Compx, S&P, and OEX. The cursor moves in all four charts at the same time and if I put them all on the same time scale the results are startling. Plus or minus a few days (typically less than three) the local highs and local lows match perfectly. In fact, if I use the weekly charts all the highs and lows for the last several years match! This has led me to the conclusion at leas in the short run that if one of the indexes hits a turning point the others are sure to follow. I do see sector rotation within stock sectors, the most noted is when the NAZ goes down drugs go up! Must be some hidden meaning there. ggg Seldom do I see drugs and financials up at the same time.... so, sector rotation among stock sectors yes, but not for the indexes. Hope this helps Paul Kellam