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

To: Ben Antanaitis who wrote (4403)	7/4/1998 10:58:00 AM
From: wizzards wine	Respond to of 34811

Morning Ben, It's new to me..no idea but now that it's posted it's likely that Tom will respond should he chose to... I believe that he reads every post. Have a Great 4th Preston

To: Ben Antanaitis who wrote (4403)	7/4/1998 11:35:00 AM
From: Bwe	Respond to of 34811

Most interesting news, Ben. Besides the weekly data and charts I receive from Chartcraft, I call their "Hotline" each day with pen in hand and my message machine recording the latest daily update to get Chartcraft's latest data, view of the markets, technical indications, etc. What a joy it would be if Chartcraft had a site on the web. On another note, I'm not sure if readers of this board are aware of it, but DWA has created their own version of the Dog's of the Dow approach to the market. Chartcraft calls it the "Dorsey/Wright Sector 5". Simply put, the strategy calls for choosing a proxy stock for each of the 5 lowest rated sectors in the Broad Industry Group Bullish %'s, and holding the stock for one year. The portfolio is turned over after leaving it untouched for one year, regardless of market action. This week, the five lowest rated sectors according to their bullish %'s in the Broad Industry Groups are as follows: Electronics: 24% (General Electric) Semiconductors: 22% (Intel) Oil Service: 24% (Schlumberger or Halliburton) International (two of the newly created groups Asia Pacific (8%) and Latin America (22%) receive the dubious honor): We need Tom's help on this one since these are newly created broad industry group sectors. Going forward, I will include the DWA Sector 5 "Dorsey's Dogs" in the weekend Chartcraft Report. Take care, Bruce