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

To: wizzards wine who wrote (4878)	7/18/1998 9:52:00 PM
From: Mr. BSL	Read Replies (1) \| Respond to of 34811

Hi Preston. Big caps are really flying now. The key is going to be how to side step the carnage when big caps drop out of favor, the way they did in the 1970's. With everything else being equal, one thought I had was to shift from regular Value Line 1 & 2 stocks to EXTENDED Value Line 1 and 2 stocks when the time comes. These stocks have significantly less capitalization. I figured that I would load the regular Value line 1 & 2's into a DWA portfolio and track the bullish percentage of this 400 stock group. Next, I would load the 400 EXTENDED Value Line 1 & 2 stocks and track their bullish percentage, looking for a divergence between the groups. After loading both groups, I found that the bullish percentage for the large caps is 70.41 and the smaller caps is 69.32. Surprisingly there is not much difference. Oh well, back to the drawing board! I'll track both groups for a while and let you know if anything interesting happens.