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


To: Eric Maggard who wrote (7937)11/19/1997 1:32:00 PM
From: fox mulder  Read Replies (1) | Respond to of 79449
 
RADAF- up nicely today... braking out of a short base... we should see 18 soon. Good luck.

Fox



To: Eric Maggard who wrote (7937)11/19/1997 3:40:00 PM
From: ivan solotaroff  Respond to of 79449
 
Eric:

A great basic tool for finding emerging sectors is the Industry analysis page in Investors Business Daily. They sub-sector more than anyone else (197 different ones) then show the relative position of each on the given day (with the previous day's =/-%), the week before and six months before. You have to take it with a grain of salt: In similar time frames, for example, both the semiconductors and the gaming sectors went from the 190s to the top 25 (semis went to No. 1); the semis, of course, registered tremendous gains almost all along the board, but you'd have been hard pressed to find a gaming stock in all that time that achieved any (reliable) gains.
So obviously, you have to use some horse sense (everyone needs chips in their computers; chips in a casino are scourge), but the basis is there on a daily basis.
Hope it's of some use,
Ivan