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Strategies & Market Trends : AIQ TradingExpert for Windows -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Bowman who wrote (637)7/3/1998 1:29:00 PM
From: Les H  Respond to of 1176
 
Weekly Group Rankings

12-day 65-day 130-day 250-day
Soft-internet Soft-internet Soft-internet Soft-internet
Bldg-homebldrs Auto-carmakers Cmml-advertize Bldg-homebldrs
Media-cabletv Media-cabletv Auto-carmakers Retl-electronic
Tele-cellular Retl-apparel Retl-electronic Soft-sysmgt
Cmml-advertize RtlW-bldgprods Retl-apparel Cmml-advertize
Soft-security Cons-soapclean Media-cabletv Tele-cellular
Bldg-AC/heat Retl-electronic Tele-cellular Soft-medical
Fin-secbrokers Drug-generic Retl-deptstores Media-cabletv
Util-water Mach-constr Cons-soapclean Soft-financial
Hlth-miscsvcs Bldg-AC/heat Soft-sysmgt Tran-airlines
Enrg-altsrces Cmml-advertize Drugs-diversfd Bldg-mob/mfg/rv
Bldg-mob/mfg/rv Retl-deptstores Mach-constr Auto-carmakers
Bldg-heavycons Insur-diversif Soft-educ/ent Retl-apparel
Soft-financial Soft-sysmgt Retl-misc Mach-constr
RtlW-bldgprods Retl-majorchain Retl-majorchain Fin-secbrokers
Comp-services Cmml-Leasing Hlth-miscsvcs Retl-deptstores
Retl-mailorder Util-water RetlW-bldgprods Media-radio/TV
Media-periodicl Fin-secbrokers RetlW-offsupply Tele-services
Retl-misc Bldg-homebldrs Hsehld-Aud/Video RetlW-offsupply
Soft-tools RtlW-offsupply Comp-services Retl-discount


In the list of 65-day group leaders, the following are exhibiting
increasing trend scores:

Retl-apparel +2
RetlW-bldgprods +1
Retl-electronic +13
Mach-constr +3
Cmml-advertize +1
Cmml-leasing +1
RetlW-offsupp +19

This week's statistic for unconfirmed signals is 63% buys (86-51) and
for confirmed signals is 62% buys (230-108). Confirmed signals on
the Weighted Action List has increased from 45% last week.

25 industry groups made new yearly highs last week (4 new lows).
Some sectors with heavy representation in the new highs groups:

housing-related media retail

bldg-AC/heating media-radio/tv retlw-bldgprods
bldg-homebldrs media-newspapers retl-misc
bldg-mob/mfg/RV media-cabletv retl-drugstores
retlw-bldgprods retl-deptstores
hsehld-appliance retl-apparel

consumer/noncyclical

bev-softdrinks
cons-soap&cleaning
funeral services
food-confectionary

The other groups making new yearly highs are:

software-internet
utility-water
transport-airlines
insurance-diversified
insurance-life
cmmlsvcs-leasing
drugs-diversified
cmmlsvcs-schools
software-systems mgmt



To: Bruce A. Bowman who wrote (637)7/7/1998 11:06:00 PM
From: Les H  Read Replies (1) | Respond to of 1176
 
After re-reviewing my results for my EDS scan, I find the
test results of 175% annualized ROI is very misleading
since the system only has 28 trades over 6 months with
each trade only occupying 4-15 days. The subject population
of 15 high Long Term Technical Rank/30-day Average Volume Rank
stocks may have been too small.

I ran the same test against my second user list which contains
the subgroupings of stocks in the Dow, S&P 100, Nasdaq 100,
S&P 600 Smallcap Growth sub-index, and the S&P 400 Midcap Growth
sub-index. The results seem to substantiate my earlier tests.
Over 6 months, there 41 trades (35 profitable, 6 losses) with
average trade duration of 31 days. Average trade was up 19.6%.
The average losing trade lost 6.3%. The annualized ROI would be
124.78%.

My next test would be add to the user list a subgroup of stocks
comprised of high relative strength stocks in the previous tests.
The subgroup would change on a monthly basis. This may increase
the ROI toward 150% or more.