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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: james ball who wrote (4106)6/25/1998 11:03:00 AM
From: David N. Jones  Read Replies (1) | Respond to of 34806
 
Thanks Tom.
I suspect the All Ordinary index will follow the NYSEBP however the large resources sector(relative to the overall Australian market) might show some interesting divergence.
David



To: james ball who wrote (4106)6/25/1998 6:06:00 PM
From: Bwe  Read Replies (1) | Respond to of 34806
 
Tom...I was wondering if there's any consultation with Chartcraft with regards to the stocks that are included in the NYSEBP for the sake of consistency. If DWA and Chartcraft had some variation in the components that made up the NYSEBP, it would be possible for the actual % to come out differently. For example, this week Chartcraft's NYSE Bullish % calculation came out to 45.9%. Was this the actual number to the decimal that DWA arrived at? I guess this question can be broadened out to the components of all the other Broad Industry Groups and DWA's correlation with Chartcraft.

Thanks in advance.

Bruce