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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (7934)11/19/1997 1:24:00 PM
From: Eric Maggard  Read Replies (2) | Respond to of 79449
 
RE: Charting Sectors:

Esteban posted a link for the Industry Indexes under the DBC/CBS site. The link is cbs.marketwatch.com

I have been reading Weinstein's book on Profiting in Bull and Bear Markets. The way that he uses to weed out stocks is to first look at sectors that are breaking out of their trading range and moving into a bullish trend. Then he looks at individual stocks in that sector. Using that approach you can stay with the hot sectors and the hot stocks in those sectors. I am going to research it somemore and try to identify a sector or two that is starting to break out.

Interesting book and I am only 1/4 of the way through it.

TTYL,
Eric