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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (3872)11/20/1997 10:35:00 AM
From: Sidney Reilly  Respond to of 4701
 
Dave,
In a market like this isn't there always a "flight to quality" and away from lower priced issues? So your comparison is skewed against lower priced issues because the DOW is sucking money from other exchanges at this time. The POWs should be compared to their own exchange if they are going to be analyzed like your doing.
cya,
Bob

PS I see after reading the rest of the posts that this is no longer an issue and you did another comparison. Thanks for putting in the time and effort to do that. A persons trading strategy can change the picture a lot also. Not accepting losses and selling when a decline begins etc.



To: Dave H who wrote (3872)11/20/1997 9:33:00 PM
From: Sergio H  Read Replies (1) | Respond to of 4701
 
Dave, I had to go to sleep last night and thought that our discussion was over. I'm back and noticed that some people took my comments as a slam of your work. I honestly didn't think that your original comparisons were relevant and I stated why.

Once you removed the stocks that should not have been included and compared the POWs to the NASDAQ Small Cap and the Russell index, your work is relevant and useful to me. I am sorry that I was misunderstood, but I did not attack you with any obsenities or anger. I tried to list what I thought was incorrect and appreciate the alterations that you made.

Sergio