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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: beckya who wrote (3763)6/10/2001 2:56:43 PM
From: Julius Wong  Respond to of 4916
 
BeckyA:

The strength is calculated based on a set of formulas. First it calculates the price changes and derivatives for every 5-day period, for 65 (trading) days. Then the data from 13 periods are combined together based on a formula to arrive at strength.

This system was back tested and tested against several mutual fund newsletters.

Julius