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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (17034)	3/29/1998 12:28:00 AM
From: waverider	Read Replies (4) \| Respond to of 95453

>Let me know when you can figure out what that IBD ranking is.< Paul the IBD ranking is based on the TYSOADTKCGA Index. They rank every industry group (which stocks are in the 195+ groups has always been a mystery to me) according to they're stock price performance compared to every other group. It is a relative measurement. The oil service group was #1 back in October. The IBD philosophy is to buy only stocks that are going up unless they are overextended...I don't know what that means either. They tell you to get out of industry groups that are dropping in rank and get into groups that are rising. They also tell you to dump a stock if it's relative strength (another price movement measurement based on the individual stock) goes below 70 or so (from 1-99) and its Accumulation/Distribution ranking goes below "C" (A being best, E being get the hell out). Their method got me out of Merck and American Express several doubles ago. Trade Your Stocks Once a Day To Keep the Capital Gains Away. Learned the hard way Diamond

To: Chuzzlewit who wrote (17034)	3/29/1998 6:53:00 PM
From: Tulvio Durand	Read Replies (1) \| Respond to of 95453

Adding to Diamond's response, IBD's sector rank shows which sectors are currently in and out of favor, and is primarily a momentum indicator. Since drillers moved up two places from bottom in two days, it will be back to #1 in six months <g>. I've been after IBD to publish the names of companies in each sector. You can now order [800-815-6300] the just-compiled book listing alphabetically the companies in each of the 197 sectors. Cost (good grief) is $35. Please, everyone call and tell IBD where to shove that book. Tulvio