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Strategies & Market Trends : P&F Research -- Ignore unavailable to you. Want to Upgrade?

To: Ben Antanaitis who wrote (353)	2/4/1999 5:57:00 PM
From: Mr. BSL	Read Replies (1) \| Respond to of 389

<Were you using Chartcraft box scaling for the RS work? Were the RS values typically in any average ranges? > With 500 stocks to follow I used DWA portfolios, which base RS on the DJIA. I would not have been able to track all the stocks using any other RS base. The DWA portfolios are ideal for a study like this in that every day you can click on the "Activity" button and get the RS and trend changes. As a personal preference I like the S&P 500 or some fixed value that gives me an initial 2% per box scale. The typical stock price was around $60 so I guess in many cases it would take about 20 - 25% change in in a flat market to get RS in X. Dick